J&J to buy Intra-Cellular for $132/share in cash

Johnson & Johnson offices in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

Johnson & Johnson (NYSE:JNJ) has agreed to acquire all outstanding shares of biopharmaceutical company Intra-Cellular Therapies (NASDAQ:ITCI) for $132.00 a share in cash for a total equity value of around $14.6B.

Shares of Intra-Cellular Therapies (NASDAQ:ITCI), which is focused on

Leave a Reply

Your email address will not be published. Required fields are marked *