Cubist Pharmaceuticals Inc. will strengthen its position in the challenging antibiotic market with the acquisitions of two rivals, Optimer Pharmaceuticals Inc.[See Deal] and Trius Therapeutics Inc.[See Deal] But it was Cubist’s current strength that allowed it to get those deals done on favorable, risk-sharing terms.
The all-cash deals, simultaneously announced July 30, will cost Cubist at least $1.24 billion by the end of 2013, when...
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