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Concentra will acquire CARGO for $4.379 in cash per share of CARGO common stock, par value $0.001 per share ("CARGO Common Stock"), plus one non-transferable contingent value right ("CVR"), which represents the right to receive:
(i) 100% of the closing net cash of CARGO in excess of $217.5 million; and
(ii) 80% of any net proceeds received within two years following closing from any disposition of certain of CARGO's product candidates that occurs within two years following closing, each pursuant to a contingent value rights agreement
Posted In: CRGX
