Bluebird Shares Fall After Ayrmid Fails to Submit Buyout Offer

April 16, 2025, 12:13 PM UTC

Bluebird Bio shares fell as much as 8.28% premarket after confirming that Ayrmid failed to submit a binding proposal to acquire bluebird or secure necessary financing, despite a three-week engagement period and a timeline extension.

  • Board reaffirmed its unanimous support for the existing acquisition agreement with Carlyle and SK Capital, urging shareholders to tender their shares by the May 2, 2025 deadline
  • NOTE: Bluebird Rises on Unsolicited Proposal from Ayrmid
  • NOTE: Carlyle, SK to Buy Struggling Gene Therapy Firm Bluebird (1)

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