Roche to buy Spark Therapeutics for $114.50/share

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Roche to buy Spark Therapeutics for $114.50/share
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Roche Holding AG (ROG.EB) said Monday that it entered a definitive merger agreement to acquire Philadelphia-based Spark Therapeutics Inc. ONCE. The Swiss pharmaceutical company said it would acquire Spark for $114.50 per share and that the deal is expected to close in the second quarter. Under the terms of the deal, Roche will file a tender offer to acquire all outstanding shares of Spark common stock, and Spark will file a recommendation statement containing the unanimous recommendation of the Spark board that its shareholders tender their shares to Roche.

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