Tag Archives: Offer

Astellas Keeps After CV Therapeutics

By Cassandra Blohowiak | Published: February 27, 2009
Astellas bid for CV Therapeutics turned hostile this morning when the Japanese drug firm offered $1 billion dollars for the company directly to shareholders. The CVT board rejected Astellas’s second proposal last Friday stating that the Astellas proposal undervalued the company and is not in the best interest of the shareholders. In a press release issued this [...]
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King Ups Alpharma Offer

By George Koroneos | Published: September 11, 2008
King Pharmaceuticals sweetened its offer to purchase Alpharma this morning. The drug firm boosted the bid price to $37 per share or $1.6 billion from the initial of $33 a share it presented in early August. If Alpharma refuses, King is prepared to get down and dirty. In a pointed letter to Alpharma’s board, King President [...]
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