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Pacira BioSciences entered a definitive merger agreement with Viatris and a Viatris subsidiary. The subsidiary plans to launch a cash tender offer for all Pacira shares at $36.50 each, followed by a merger if conditions are met.
Viatris entered into a merger agreement with Pacira BioSciences under which a Viatris subsidiary will launch a tender offer to acquire all Pacira shares for $36.50 each in cash. The deal is subject to customary conditions, including HSR review and a minimum tender condition.