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DewDiligence

01/23/17 1:03 PM

#208293 RE: linhdtu #208292

...who would be big enough to buy BMY?

JNJ, NVS, AMGN, and GILD are a few names where such a deal is conceivable. PFE could be candidate if they divested their PD-L1 program co-owned by Merck KGaA. MRK and Roche can probably be ruled out due to their competing I-O programs.

Buyout vig is not the main reason I added to BMY on Friday (#msg-128020995), but it's another reason to like the stock at the current valuation.