Cerevel Therapeutics Holdings, Inc. (CERE)
Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Cerevel Therapeutics Holdings, Inc. (“Cerevel“) (NASDAQ: CERE) and AbbVie, Inc. (“AbbVie”) (NYSE: ABBV). Investors who purchased Cerevel and continue to hold to the present, are encouraged to obtain additional information and assist the investigation.
Investigation Details:
The investigation concerns whether Cervel’s board of directors breached its fiduciary duties and failed to provide relevant information to its shareholders before the merger.
On December 6, 2023, Cerevel announced that it would be acquired by AbbVie and that the transaction is expected to close in the middle of 2024. Under the merger terms, AbbVie will acquire all outstanding Cerevel shares for $45.00 per share in cash. The transaction values Cerevel at a total equity value of approximately $8.7 billion.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Cerevel shares and continue to hold to the present, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller