Ligand Pharmaceuticals to Acquire XOMA Royalty in $740 Million All-Cash Deal

Ligand Pharmaceuticals (LGND) has reportedly agreed to acquire XOMA Royalty (XOMA) for $740 million in an all-cash deal, according to the Wall Street Journal. The transaction values XOMA at $39 per share. The deal is expected to be finalized soon.

By Preeti Singh, SA News Editor · Seeking Alpha ·

Ligand Pharmaceuticals to Acquire XOMA Royalty in $740 Million All-Cash Deal

Tickers: $LGND $XOMA

Topics: acquisition deal financial news pharmaceuticals

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