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[quote="Guest"]BMY offers to buy IMCL for $60/share. IMCL is quoting more than $65/share now!? -------------- Bristol-Myers Offers to Buy ImClone for $4.5 Billion By AP | 31 Jul 2008 | 08:14 AM ET [img]http://media.cnbc.com/i/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/__COMPANY_IMAGES/A-D/bristol_myers_squibb.jpg[/img] Drug developer Bristol-Myers Squibb said it plans on buying biotechnology company Imclone Systems for about $4.5 billion in a cash deal. The deal, for $60 per share, marks a 30 percent premium to New York-based ImClone's closing price of $46.44 Wednesday. New York-based Bristol-Myers already owns about 17 percent of ImClone. ... http://www.cnbc.com/id/25944971[/quote]
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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>Guest</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Fri, Aug 1 2008, 6:08 pm EDT<span class="gen"> </span> Post subject: Re: Bristol-Myers Offers to Buy ImClone for $4.5 Billion</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">IMCL closed at $65.34 a share today. The buy offer is at $60 a share. Are investors (or speculators) expecting a $70 per share buyout?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>Guest</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Thu, Jul 31 2008, 8:42 am EDT<span class="gen"> </span> Post subject: Bristol-Myers Offers to Buy ImClone for $4.5 Billion</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">BMY offers to buy IMCL for $60/share. IMCL is quoting more than $65/share now!? <br /> <br />-------------- <br />Bristol-Myers Offers to Buy ImClone for $4.5 Billion <br /> <br />By AP | 31 Jul 2008 | 08:14 AM ET <br /><img src="http://media.cnbc.com/i/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/__COMPANY_IMAGES/A-D/bristol_myers_squibb.jpg" border="0" /> <br /> <br />Drug developer Bristol-Myers Squibb said it plans on buying biotechnology company Imclone Systems for about $4.5 billion in a cash deal. <br /> <br />The deal, for $60 per share, marks a 30 percent premium to New York-based ImClone's closing price of $46.44 Wednesday. New York-based Bristol-Myers already owns about 17 percent of ImClone. <br />... <br /><a href="http://www.cnbc.com/id/25944971" target="_blank">http://www.cnbc.com/id/25944971</a></span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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