ICON plc (ICLR) Tops Q4 EPS by 7c, Offers Guidance
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ICON (ICLR) to Acquire PRA Health Sciences (PRAH) in $12 Billion Cash and Stock Deal
February 24, 2021 6:05 AM ESTICON (NASDAQ: ICLR) entered into a definitive agreement to acquire PRA Health Sciences, Inc. (NASDAQ: PRAH) in a cash and stock transaction valued at approximately $12 billion, with the per share merger consideration consisting of $80 in cash and 0.4125 shares of ICON stock. The consideration represents an approximately 30% premium to PRAs closing price as of February 23rd, 2021.
The transaction brings together two high-quality, innovative and growing organisations with similar cultures and a shared focus on high quality and efficient clinical trial execution from Phase 1 to post-approval... More
