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2SEVENTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of 2seventy bio, Inc. - TSVT

1. Bristol Myers Squibb plans to acquire 2seventy bio for $5 per share. 2. An investigation is underway regarding the sale process of 2seventy bio.

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Why Bullish?

BMY's acquisition of 2seventy bio reflects strategic growth, similar to past acquisitions boosting share prices. Positive market perception could enhance BMY's valuation.

How important is it?

The proposed acquisition can indicate BMY's growth trajectory and confidence in its pipeline, affecting investor sentiment positively.

Why Short Term?

Acquisition news typically has immediate market reactions, with potential for short-term price hikes as investors respond to positive strategic moves.

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TSVT
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of 2seventy bio, Inc. (NasdaqGS: TSVT) to Bristol Myers Squibb (NYSE: BMY). Under the terms of the proposed transaction, shareholders of 2seventy will receive $5.00 in cash for each share of 2seventy that they own. KSF is seeking to determine whether this consideration and the process that led to.

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