Friday, October 18, 2019

Equity Corporate Actions Alert #2019 - 208
Information Regarding the Tender Offer for the Shares of Alder BioPharmaceuticals, Inc. (ALDR)

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  • Industry Announcement

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The tender offer by H. Lundbeck A/S to acquire all of the outstanding common shares of Alder BioPharmaceuticals, Inc. (ALDR) expired at 11:59 PM ET on Monday, October 21, 2019. The closing occurred immediately following the completion of the tender offer. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on October 21, 2019. The stock will remain halted the day of closing (October 22nd) and will be suspended effective October 23, 2019. The details are as follows:

Company: Adler BioPharmaceuticals, Inc.
Issue: Common Stock
CUSIP#: 014339105
Symbol: ALDR
Anticipated Last Trading Date: October 21, 2019
Anticipated Marketplace Effective Date for Suspension: October 23, 2019
Merger Consideration: $18.00 in cash and one (1) non-transferable contingent value right (CVR) for each share held.


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