Tech Company M&A Transactions
Facet Biotech Acquisition
Facet Biotech, operating out of Redwood City, was acquired by Abbott Laboratories. The acquisition price was $450 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/10/2010
Transaction Type
M&A
Amount
$450,000,000
M&A Terms
Abbott Laboratories is acquiring Facet biotech in a deal worth $450M. According to Abbott, it will pay $27 per share in cash for Facet, for a purchase price of approximately $722M less Facet's cash and marketable securities worth $272M.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
1500 Seaport Blvd
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Website
Email Address
Not Recorded
Overview
With several products currently in the clinic and a compelling long-term vision for our future, Facet Biotech is a small but sophisticated biotechnology company.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Faheem Hasnain
Chief Financial Officer
Andrew Guggenhime
Chief Scientific Officer
Mark Rolfe
VP - General Counsel
Francis Sarena
VP - Product Management
Maninder Hora
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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