Monday, January 27, 2020

Equity Corporate Actions Alert #2020 - 17
(UPDATED: Merger Effective) Information Regarding the Merger of Achillion Pharmaceuticals, Inc. (ACHN) and Alexion Pharmaceuticals, Inc. (ALXN)

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  • Industry Announcement

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At a special meeting held on December 19, 2019, shareholders of Achillion Pharmaceuticals, Inc. (ACHN) approved the merger of the company with and into Alexion Pharmaceuticals, Inc. (ALXN). The merger closed prior to the market open today, Tuesday, January 28, 2020. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on Monday, January 27, 2020. The stock will remain halted today (January 28th) and will be suspended effective January 29, 2020. The details are as follows:

Company: Achillion Pharmaceuticals, Inc.
Issue: Common Stock
CUSIP#: 00448Q201
Symbol: ACHN
Last Trading Date: January 27, 2020
Marketplace Effective Date for Suspension: January 29, 2020
Merger Consideration: $6.30 in cash and one (1) CVR for each share held.


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