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Tuesday, April 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

$74 Billion Merger

In a federal class action, shareholders say directors are selling Celgene Corp. too cheaply through an unfair process to Bristol-Myers Squibb, for $50 a share plus a 1-for-1 share swap, a $74 billion merger.

WILMINGTON, Del. — In a federal class action, shareholders say directors are selling Celgene Corp. too cheaply through an unfair process to Bristol-Myers Squibb, for $50 a share plus a 1-for-1 share swap, a $74 billion merger. Bristol-Myers Squibb is not a party to the complaint.

Categories / Business, Health, Securities

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