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Replies to post #688073 on NorthWest Biotherapeutics Inc (NWBO)
dennisdave
04/30/24 2:48 PM
#688089 RE: HappyLibrarian #688073
Merck keeps deal focus with Keytruda patent cliff on horizon The company is open to acquisitions of up to $15 billion, company CEO Rob Davis said
Gilead Sciences, Inc. (Nasdaq: GILD) and Immunomedics (Nasdaq: IMMU) announced today that the companies have entered into a definitive agreement pursuant to which Gilead will acquire Immunomedics for $88.00 per share in cash. The transaction, which values Immunomedics at approximately $21 billion, was unanimously approved by both the Gilead and Immunomedics Boards of Directors and is anticipated to close during the fourth quarter of 2020.