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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Merck and Co Inc | NYSE:MRK | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.24 | 0.25% | 97.68 | 98.43 | 97.37 | 97.71 | 636,281 | 14:40:22 |
From Nov 2023 to Nov 2024
By Colin Kellaher
Shares of Harpoon Therapeutics doubled in premarket trading Monday after Bloomberg reported that the clinical-stage immunotherapy company is near a deal to be acquired by drugmaker Merck & Co. at a rich premium.
Merck is discussing paying about $700 million, or around $23 a share, for Harpoon, more than double Friday's closing price of $10.55 for the South San Francisco, Calif., company, Bloomberg reports, citing people familiar with the matter.
Merck, based in Rahway, N.J., could announce a deal within days, according to the report.
Harpoon shares were recently up 100% to $21.08 in premarket trading.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 08, 2024 06:32 ET (11:32 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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