Carlyle, SK Capital Partners, LP, and Beacon Parent Holdings, L.P. announced a tender offer on March 7, 2025, to acquire all outstanding common stock of bluebird bio, Inc. for either $3.00 per share in cash and a contingent value right, or $5.00 per share in cash.
The tender offer expired on May 29, 2025, without an extension. The acquisition is expected to be completed on June 2, 2025, through a merger of Merger Sub with bluebird, in accordance with the terms of the Merger Agreement.
The merger will be executed under Section 251(h) of the General Corporation Law of the State of Delaware without requiring a vote of bluebird stockholders.
On Friday, CG shares fell by 1.9% to $44.97, and BLUE shares decreased slightly to $4.96.