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Gilmartin Group and Canale Communications represent Imago BioSciences, which has agreed to be acquired by Merck for $1.4B.
The South San Francisco-based company is a clinical-stage biopharma that develops treatments for bone marrow diseases.
“This agreement leverages Merck’s industry-leading clinical development expertise to maximize the therapeutic potential of bomedemstat, which is currently in Phase 2 trials while providing important value for shareholders,” said Dr. Hugh Rienhoff, founder/CEO of Imago.
“This acquisition of Imago augments our pipeline and strengthens our presence in the growing field of hematology,” added Robert Davis, Merck CEO.
Gilmartin Group’s Laurence Wells handles the investment community for Imago, while Canale Communications' Ian Stone works the media.
Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
FTI Consulting handles media for McCormick as the 137-year-old flavors company combines with Unilever Foods in a deal valued at $45B.
Edelman Smithfield handles Sysco as the world's largest food-away-from-home distributor acquires Foxcroft Strategy Group client Jetro Restaurant Depot, which serves delis and mom & pop shops, in a deal valued at $29B.
FGS Global represents Brown-Forman Corp. as it confirms merger discussions with French liquor giant Pernod Ricard.
