Allergan to acquire MAP Pharmaceuticals in $958 million deal
US drugmaker Allergan (NYSE: AGN) has entered into a definitive merger agreement to acquire 100% of the shares of fellow USA-based MAP Pharmaceuticals (Nasdaq: MAPP) for a price of $25.00 per share, a 60% premium over MAP’s closing stock price on the Nasdaq Stock Market of $15.58 on January 22, and represents a total equity value of around $958 million, on a fully-diluted basis.
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