Mersana to be Acquired by Day One for Up to $55.25 per Share Amid Investigation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
0mins
Should l Buy CADE?
Source: Globenewswire
- Acquisition Overview: Mersana Therapeutics will be acquired by Day One Biopharmaceuticals for $25 per share in cash, plus a non-tradable CVR per share with potential milestone payments totaling up to $30.25, leading to a total deal value of up to $55.25 per share, representing approximately $285 million overall.
- Shareholder Investigation: The ongoing investigation examines whether Mersana's Board breached its fiduciary duties by failing to conduct a fair process, potentially depriving shareholders of fair value in the transaction.
- Cidara Acquisition Details: Cidara Therapeutics is set to be acquired by Merck for $221.50 per share in cash, amounting to a total transaction value of approximately $9.2 billion, with similar investigations into the Board's conduct regarding shareholder fairness.
- Cadence Bank Transaction: Cadence Bank will be acquired by Huntington Bancshares in an all-stock deal valued at $7.4 billion, where Huntington will issue 2.475 shares for each Cadence share, with investigations focusing on the fairness of the deal process for shareholders.
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Analyst Views on CADE
Wall Street analysts forecast CADE stock price to rise
8 Analyst Rating
2 Buy
6 Hold
0 Sell
Hold
Current: 42.110
Low
39.00
Averages
44.28
High
49.00
Current: 42.110
Low
39.00
Averages
44.28
High
49.00
About CADE
Cadence Bank (the Bank) is a regional financial services company with approximately 380 branch locations across the South and Texas. The Bank offers comprehensive banking, investment, trust and mortgage products and services to meet the needs of individuals, businesses and corporations. The Bank's services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, small business administration (SBA) lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management. The Bank’s personal banking services include checking, savings and certificates of deposit, credit cards, online and mobile banking, mortgages, and wealth management. It offers various business banking services, including business loans and lines of credit, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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