Replies to post #224636 on Biotech Values

[DewDiligence]

BMY just filed the actual vote tally:

https://www.sec.gov/Archives/edgar/data/14272/000114036119007046/form8k.htm

For: 932,407,066 (75.8%)
Against: 293,574,837 (23.9%)
Abstentions: 4,628,357 (0.3%)

There were zero broker non-votes.

In cases like this, it’s rare for a merger not to pass because shareholders who are unhappy with the deal tend to sell their shares before the record date for the vote.