Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating the merger between Cerevel Therapeutics and AbbVie, raising concerns about the fairness of the transaction and the board's decision-making process [1][3]. Transaction Details - On December 6, 2023, Cerevel Therapeutics announced its acquisition by AbbVie for $45.00 per share in cash, valuing Cerevel at approximately $8.7 billion [2]. - The transaction has been approved by the boards of directors of both companies and is expected to close in mid-2024 [2]. Legal Investigation - Bleichmar Fonti & Auld LLP believes that the board of directors of Cerevel Therapeutics was conflicted and engaged in an unfair process regarding the acquisition [3]. - Current shareholders are encouraged to submit their information to understand their rights in this situation [3][4]. Law Firm Background - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, having achieved significant recoveries in past cases [5].

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating the merger between Cerevel Therapeutics and AbbVie, raising concerns about potential conflicts of interest and the fairness of the transaction [1][3]. Company Overview - Cerevel Therapeutics announced its acquisition by AbbVie on December 6, 2023, with AbbVie set to acquire all outstanding shares for $45.00 per share, valuing Cerevel at approximately $8.7 billion [4]. Legal Context - The law firm BFA believes that the board of directors of Cerevel Therapeutics was conflicted and engaged in an unfair process regarding the merger [1]. - Shareholders of Cerevel Therapeutics are encouraged to submit their information to explore their legal options [6]. Financial Implications - The transaction is expected to close in the middle of 2024, pending any legal challenges [4].

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating the merger between Cerevel Therapeutics and AbbVie, focusing on potential conflicts and fairness in the transaction process [1][8]. Company Overview - Cerevel Therapeutics announced its acquisition by AbbVie on December 6, 2023, with AbbVie agreeing to pay $45.00 per share in cash, valuing Cerevel at approximately $8.7 billion [2]. Transaction Details - The acquisition has been approved by the boards of directors of both companies and is expected to close in mid-2024 [2]. Legal Investigation - Bleichmar Fonti & Auld LLP believes that the board of directors of Cerevel Therapeutics may have been conflicted and engaged in an unfair process regarding the acquisition terms [8]. - Current shareholders of Cerevel Therapeutics are encouraged to submit their information to explore their legal options [4][8]. Law Firm Background - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, having achieved significant recoveries in past cases [7].

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating the merger between Cerevel Therapeutics and AbbVie, focusing on potential conflicts and fairness of the transaction [1][7]. Group 1: Merger Details - Cerevel Therapeutics announced its acquisition by AbbVie on December 6, 2023, with AbbVie set to acquire all outstanding shares for $45.00 per share in cash [2]. - The total equity value of the transaction is approximately $8.7 billion, and it has been approved by the boards of directors of both companies [2]. Group 2: Legal Investigation - Bleichmar Fonti & Auld LLP believes that the board of directors of Cerevel Therapeutics was conflicted and engaged in an unfair process regarding the merger [7]. - Shareholders of Cerevel Therapeutics are encouraged to submit their information to explore their legal options [4][7]. Group 3: Law Firm Background - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, having achieved significant recoveries in past cases [8].

Core Viewpoint - Cerevel Therapeutics is set to be acquired by AbbVie for $45.00 per share, valuing the company at approximately $8.7 billion, with the transaction expected to close in mid-2024 [1] Company Summary - AbbVie will acquire all outstanding shares of Cerevel Therapeutics for a cash price of $45.00 per share [1] - The total equity value of the transaction is around $8.7 billion [1] - The boards of directors of both companies have approved the acquisition [1] - The expected closing date for the transaction is in the middle of 2024 [1] Legal Investigation - Bleichmar Fonti & Auld LLP is investigating the merger, suggesting potential conflicts of interest within Cerevel Therapeutics' board of directors [9] - The law firm believes the process was unfair and the amount agreed upon for shareholders may also be unfair [9] - Current shareholders of Cerevel Therapeutics are encouraged to submit their information to understand their rights [9]

A downtrend has been apparent in Cerevel Therapeutics Holdings, Inc. (CERE) lately with too much selling pressure. The stock has declined 5.1% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. How to Determine if a Stock is Oversold We use Relative Strength Index (RSI), one of the most commonly used ...

Claim Details: Submit your information here: https://www.bfalaw.com/cases/cerevel-therapeutics-holdings-incinvestigation. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. To speak with an attorney for more information visit: Why Bleichmar Fonti & Auld LLP? https://www.bfalaw.com/cases/cerevel-therapeutics-holdings-inc-investigation N ...

NEW YORK, June 08, 2024 (GLOBE NEWSWIRE) -- Leading law firm Bleichmar Fonti & Auld LLP is investigating the merger between Cerevel Therapeutics Holdings, Inc. (Nasdaq: CERE) and AbbVie, Inc. If you invested in Cerevel Therapeutics you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/cerevel-therapeutics-holdings-inc-investigation. BFA is currently investigating the go private transaction and believes that Cerevel Therapeutics' board of directors was conflicted, engag ...

Claim Details: On December 6, 2023, Cerevel Therapeutics announced that it would be acquired by AbbVie. Under the terms of the transaction, AbbVie will acquire all outstanding shares of Cerevel for $45.00 per share in cash. The transaction values Cerevel at a total equity value of approximately $8.7 billion. The boards of directors of both companies have approved the transaction. This transaction is expected to close in the middle of 2024. NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Leading law firm Bleichm ...

koto_feja Introduction Cerevel Therapeutics (Nasdaq: NASDAQ:CERE) was created as a spinout for Pfizer's (NYSE: PFE) central nervous system pipeline assets. The birthing process involved Perceptive Advisors using its ARYA II SPAC to effectively buy the assets with Bain Capital for $439.5M on 07/29/20, and then launch and rename the company to Cerevel. CERE focused diligently on its lead assets, taking them from the early clinic into placebo controlled studies, and even got one asset into phase 3 studies. The ...