Bristol-Myers Squibb shareholders approved the pharmaceutical giant's $74 billion acquisition of cancer drugmaker Celgene in a vote on Friday. div > div.
Bristol-Myers Squibb shareholders approved the pharmaceutical giant's $74 billion acquisition of cancer drugmaker Celgene in a vote on Friday.
More than 70% of eligible shareholders voted for the deal, the company said Friday. Roughly 24% of shareholders voted against the deal and 1% abstained. Both Bristol and Celgene shares were slightly higher in morning trading. Buying Celgene was seen by Wall Street analyst as giving Bristol more cancer drugs at a time when its immuno-oncology portfolio struggles to keep up with rival Merck's. Bristol's blockbuster Opdivo, which boosts the immune system to attack cancer, has fallen behind its leading competitor, Merck's Keytruda.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Newmont shareholders OK $10 billion Goldcorp takeover, creating biggest gold producerNewmont Mining shareholders on Thursday approved the company's $10 billion ...
Read more »
Exclusive: Chevron, investor reach deal on Myanmar shareholder resolutionChevron Corp will put a focus on human rights in Myanmar under an agreement with...
Read more »
Chevron to Buy Anadarko Petroleum in $33 Billion DealChevron is acquiring Anadarko Petroleum, an independent oil and gas exploration and production company, in a $33 billion deal.
Read more »
Chevron announces $33 billion cash-and-stock deal to buy Anadarko PetroleumEnergy giant Chevron Corp. on Friday morning said it would acquire Anadarko Petroleum Corp. in a cash-and-stock tie-up valued at $33 billion or $65 a share....
Read more »
$33 billion deal in Big Oil: Chevron is buying Anadarko PetroleumChevron is paying $33 billion to acquire Anadarko Petroleum in a massive deal that will bolster its natural gas and shale operations.
Read more »
Exclusive: Deutsche Boerse nears $3.5 billion deal to buy Refinitiv's FXall - sourcesGerman stock exchange operator Deutsche Boerse AG is in advanced talks to buy FX...
Read more »
Chevron to buy Anadarko Petroleum in a $33 billion cash and stock dealChevron's agreement to acquire oil and gas producer Anadarko Petroleum values the company at $65 a share.
Read more »
Fintech Insurer Lemonade Valued At More Than $2 Billion After $300 Million Funding DealThough Lemonade isn’t disclosing its valuation, a source says this investment brings its value to more than $2 billion.
Read more »
Fintech Insurer Lemonade Valued At More Than $2 Billion After $300 Million Funding DealThough Lemonade isn’t disclosing its valuation, a source says this investment brings its value to more than $2 billion.
Read more »