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DewDiligence

06/20/23 10:25 AM

#247601 RE: stocksrising #247599

LLY-DICE PR:

https://investor.lilly.com/news-releases/news-release-details/lilly-acquire-dice-therapeutics-advance-innovation-immunology

The $48/sh buyout price is a 42% premium to DICE’s closing price on 6/16/23 (coincidentally the same buyout premium that PFE is paying for SGEN). The nominal deal value is $2.4B.