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Acelyrin Adopts Poison Pill

Makary advances to full senate vote; Acelyrin, Pliant adopt ‘poison pills’

President Trump’s nominee to run the FDA secured the Senate HELP Committee’s backing. Elsewhere, Sutro cut jobs and a cell and gene therapy pilot appeared to survive.

BioSpace · 1d

Acelyrin Adopts Poison Pill to Ward Off Tang Capital Buy

The move by Acelyrin’s board comes as the venture capital firm has taken larger and larger stakes in the company in an attempt to disrupt a merger with Alumis.

MarketWatch · 1d

Acelyrin Adopts Poison Pill as Tang Capital Partners Builds Stake

Acelyrin said Tang Capital held 8.8% of its outstanding common stock. Tang Capital didn't immediately respond to a request for comment issued through LinkedIn. Poison pills, also called shareholder-rights plans,

The Business Journals · 1d

Drug developers Pliant and Acelyrin adopt poison pill provisions to fend off activist investor

Pliant and Acelyrin adopt poison pill measures to counter activist investor Kevin Tang's stock accumulation, aiming to prevent hostile takeovers.

Fierce Biotech12h

Pliant, Acelyrin resort to ‘poison pills’ as threat of Concentra buyout looms

With Concentra Biosciences expanding its stock influence in Pliant Therapeutics and Acelyrin, the two biotechs have shored up ...

BioSpace13h

Pliant Pops Poison Pill as Concentra Threat Looms

Pliant follows in the footsteps of Acelyrin, which also enacted a stockholder rights program on Thursday to protect ...

Endpoints News1d

Acelyrin, Pliant turn to ‘poison pill’ as Kevin Tang’s Concentra pursues both companies

Acelyrin and Pliant Therapeutics, both of which are viewed as takeover targets for Kevin Tang’s Concentra Biosciences, each adopted a “poison pill” on Thursday morning.

RBR16d

Cumulus Drops ‘Poison Pill’ Plan as Takeover Concerns Fade

One year ago, Cumulus Media initiated a “poison pill” defense to stave off the looming threat of a hostile takeover from billionaire Manoj Bhargava, who had been in acquisition mode with his ...

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