Tag Archives: sale
Astellas Keeps After CV Therapeutics
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 [...]
Posted in Deals Also tagged Astellas, CV Therapeutics, Deal, hostile, Offer, Pharma, stockholders Leave a comment
Icahn to BMS: Offer is Inadequate
In a statement to the press today, ImClone Chairman Carl Icahn said that the review committee overlooking Bristol-Myers Squibb’s offer to purchase the biotech company for $60 per share $4.5 billion just isn’t good enough.
He not only accused BMS of lowballing, but also admitted that the company has been in talks with the head of [...]
Posted in Biotech, Deals, Strategy Also tagged BMS, Bristol-Meyers Squibb, Carl Icahn, Deal, Erbitux, ImClone, negotiation, Pharma 1 Comment

Pfizer NYC Tower Up For Sale