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Entries tagged "Biogen Idec"

Will state jump into Icahn's Biogen Idec saga?

With Biogen Idec confirming the appointment of Carl Icahn's nominee Alexander Denner as a director, will the state of Massachusetts' biotech fund try to engage the investor to save jobs?


Icahn near Biogen Idec victory

Popularity of activist investor Carl Icahn's proposal to split up biotechnology company Biogen Idec may be why the company suspended its annual shareholder meeting.


Bristol-Myers looking to swallow Elan in pieces

Rumors of Bristol-Myers Squibb interest in the auction of Irish biotech Elan sent shares up in London trading.


Biogen shareholders snub Icahn

The activist fails in his attempt to place three allies on the biotech's board.


Yahoo, shmahoo... Icahn's got other fish to fry

News of dropped deal talks between Yahoo! Inc. and Microsoft Corp. may have freed up billionaire activist Carl Icahn to take on a host of other projects -- and not just his oft-delayed blog either. ...


Icahn fires new shot at Biogen Idec

In his latest move against Biogen Idec Inc., financier Carl Icahn Thursday accused the Cambridge, Mass., biotech company of falsely portraying an auction process, which was terminated in mid-December 2007. Biogen released documents about the sale process on May 30 in response to a lawsuit filed by Icahn. ...


Biogen Idec slate snubs Icahn's nominees

Biogen Idec Inc. of Cambridge, Mass., said Thursday it would nominate four directors for the upcoming annual shareholder meeting, none of which are part of dissident investor Carl Icahn's nomination slate. ...


Icahn gets back to Biogen Idec

If challenging Motorola Inc. wasn't enough for Carl Icahn, the financier has put another iron in the fire. The activist investor's push for a sale of Biogen Idec Inc. last year flamed out after two months, but he hasn't given up. He has filed a lawsuit against the firm in the Delaware courts to get hold of board meeting minutes and other documents related to the aborted sale, but Biogen isn't budging. A spokeswoman told Reuters, which first reported the suit Tuesday night, that Icahn's request was made as part of the proxy process: "We don't consider that a proper...



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Editor's letter: Nov. 16, 2009

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