Provided By PR Newswire
Last update: Apr 13, 2022
NEW YORK, April 13, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sierra Oncology, Inc. ("Sierra" or the "Company") (NASDAQ: SRRA), in connection with the proposed acquisition of the Company by GlaxoSmithKline plc (NYSE: GSK). Under the terms of the merger agreement, the Company's shareholders will receive $55.00 in cash for each share of Sierra common stock owned. The transaction is valued at approximately $1.9 billion.
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