Lilly completes Adverum acquisition for $3.56 per share plus CVRs
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Lilly and Adverum announce expiration and completion of Adverum tender offer and acquisition
December 9, 2025 8:29 AM UTCINDIANAPOLIS, Dec. 9, 2025 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) Â and Adverum Biotechnologies, Inc. (NASDAQ: ADVM) today announced that the tender offer (the "Offer") by Flying Tigers Acquisition Corporation ("Purchaser"), a direct wholly-owned subsidiary of Lilly, to purchase all of the issued... More

