News Focus
News Focus
icon url

DewDiligence

06/03/22 10:16 AM

#1093 RE: DewDiligence #1082

BMY acquires TPTX for $76.00 cash—a 122% premium to yesterday’s close:

https://www.businesswire.com/news/home/20220603005198/en

As a result of the acquisition, BMY is reducing 2022 non-GAAP EPS guidance by $0.08 plus a charge for in-process R&D to be determined later. (BMY’s prior 2022 non-GAAP EPS guidance was $7.44-7.74.)