| ||||||||||||||||||||||
| ||||||||||||||||||||||
Entries tagged "ImClone"Fitch: ImClone an expensive pill for LillyPharmaceutical company Eli Lilly and Co. made its biggest acquisition ever with its $6.5 billion cash deal to acquire biotech company ImClone Systems Inc. on Monday. But credit rating agency Fitch Ratings feels Eli Lilly is taking a risk that may warrant a possible credit rating downgrade.... Eli Lilly buys ImClone for $6.5BAdd another notch to Carl Ichan's belt. Eli Lilly and Co. will acquire ImClone Systems Inc. for $70 per share or about $6.5 billion. The deal was announced after ImClone rejected a sweetened bid from Bristol-Myers Squibb Co. Bristol first offered $60 a share July 31, then $62 and then threatened to go hostile last week. Bristol, which holds a 17% stake, wanted buy the rest of the shares in the company. ... Bristol-Myers could make ImClone a hard pill to swallowSo Carl Icahn wasn't bluffing. Eli Lilly and Co. is apparently the mystery bidder for ImClone Systems Inc., and the company is in talks to acquire the New York-based biotech company for $6.1 billion, according to a report by The Wall Street Journal. ... Rabble Babble: ImClone's mystery bidder to reveal itself this weekImClone Systems Inc. said a mystery bidder, which has tentatively offered a bid of $70 a share or $6.1 billion, has informed the company that it will either make a formal bid or withdraw from talks by the end of the day on Wednesday. ... Deals: Rumored, stymied, and closed, but little stock movementDeal news seemed to have little effect on some stocks given the tepid broader market Monday. The Dow Jones Industrial Average slid 42.17 points to 11,284.15 following a report from the Commerce Department that consumer spending dipped 0.2% in June--the worst showing since a similar drop in February. ... No summer doldrums for Carl IcahnThe battle with Yahoo! management may be over, but Carl Icahn--in some form or fashion-- remains in the news. A quick glance at Monday's stories shows that Icahn remains the prime mover in some of the biggest deal news of the day: ImClone Systems Inc., Motorola Inc. and WCI.... Icahn gets richer, while the broader markets get poorerThe Dow Jones Industrial Average may have tumbled 205.67 points to close at 11,378.02 on Thursday, and the regional banking sector may continue to take hits on fears of mortgage-related losses, but billionaire activist Carl Icahn had reason to celebrate. ... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "ImClone." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
 Deal Video
    Community
 Elsewhere on The Deal.comDealwatch
The Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| ||||||||||||||||||||||
| ||||||||||||||||||||||
