Acquiring Company
Cerevel Therapeutics Holdings
Acquired Company
Cerevel Therapeutics Holdings
Description
AbbVie Inc. has announced its plan to acquire Cerevel Therapeutics Holdings, Inc. at a price of $45 per share. This acquisition follows a secondary stock offering by Cerevel that was organized by Bain and Pfizer. The market was misled by the misleading statements from Cerevel regarding this acquisition plan. Investors are encouraged to participate in the class action lawsuit regarding this matter.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed