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CELG Celgene Corporation

108.24
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Celgene Corporation NASDAQ:CELG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 108.24 109.30 109.44 0 01:00:00

Medivation in Talks With Sanofi on Potential Confidentiality Pact -Reuters

05/07/2016 8:39pm

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Celgene (NASDAQ:CELG)
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Medivation Inc. (MDVN), which rejected a $9.3 billion buyout offer from Sanofi SA (SNY), is in talks with Sanofi on a confidentiality agreement after the bid was sweetened, Reuters reported Tuesday.

In May, Sanofi said it sent a letter to Medivation saying it would try to remove and replace members of the biotechnology company's board if Medivation didn't engage in takeover talks.

Medivation shares were recently up 3% to $61.92.

Full story at http://www.reuters.com/article/us-medivation-m-a-sanofi-fr-idUSKCN0ZL2CZ

Write to nymonitoring@dowjones.com

 

(END) Dow Jones Newswires

July 05, 2016 15:24 ET (19:24 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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