Tag:

hostile takeover

Latest Headlines

Latest Headlines

HGS puts 'poison pill' in its arsenal against GSK

Human Genome Sciences has added a poison pill to its portfolio as it tries to fend off the hostile takeover by its longtime partner GlaxoSmithKline.

Glaxo goes hostile on HGS with $2.6B bid

Prepare yourself for a drawn-out buyout battle--and lots of debate about the lupus treatment Benlysta.

Roche's $5.7B Illumina bid risks standing alone

In the wake of Roche's ( $RHHBY ) $5.7 billion hostile takeover bid for gene sequencing company Illumina ( $ILMN ), the jury is still out as to what it means for the industry at large. On the one hand,

Valeant offers a stick, a carrot and a May 12 deadline to Cephalon investors

The CEO of Canada's Valeant Pharmaceuticals has marshaled all of his arguments in favor of a hostile takeover of Cephalon ( $CEPH ) in a letter designed to woo shareholders, offering to bump the pharma

Valeant may sweeten Cephalon bid

Valeant says it just might be willing to up its bid for Cephalon--once it gets its hands on the books for its due diligence work. Cephalon has been fending off Valeant's hostile acquisition effort,

Bankers expect more Japanese-led M&A

Yesterday, we heard that analysts are expecting more hostile bids to heat up pharma M&A. However, experts now are predicting that Japanese drugmakers will become bigger players in pharma

Analysts: Expect more hostile bids in pharma

To some analysts, Valeant Pharmaceuticals' offer for Cephalon makes it official: The pharma industry is living in a new era of hostile acquisitions. On the heels of Sanofi-Aventis' hostile bid for

Fund sues Cephalon as Valeant hints at higher bid

Valeant Pharmaceuticals ( $VRX ) may get some help in buying Cephalon ( $CEPH ) from one of that company's investors. A Pennsylvania pension fund has sued Cephalon, saying management has simply refused

Cephalon shares rocket up after Valeant makes $5.7B hostile bid

Rebuffed after making a private overture, Canada's Valeant Pharmaceuticals ( $VRX ) has gone hostile in its pursuit of Cephalon, offering $5.7 billion for the business and threatening to walk in a

Sanofi raises big loan as it plots Genzyme buyout strategy

Sanofi-Aventis may not be able to get the time of day from Genzyme's board, but the pharma giant says its hostile takeover attempt faces no antitrust concerns in the U.S. Sanofi says that regulators