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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.110+2.7%3:59 PM EST

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To: Labrador who wrote (5143)3/11/2019 1:11:49 PM
From: richardred   of 7255
 
This massive acquisition most definitely caught my attention. Personally I have mixed feelings. IMO good for Celgene holders not so much for BMY holders near term. With thoughts of falling behind competitors in oncology. I feel BMY felt they had to make the big plunge acquisition because their was nothing available in oncology, in scale to be a leader. Celgene already built itself through big and small acquisitions. This took much off the market. It seems some of BMY holders are not happy about the deal. Of course, I could be wrong, but I think the deal gets approved. Celgene already has scale in the Cancer field with approved products and is very profitable with good cash flow. Good luck in your mission. Current 17%-18% gain on a 50 BMY price & 50 in cash.

From: richardred1/3/2019 9:53:02 AM

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Major Acquisition to start the new year. The same way last year started.

Bristol-Myers to buy Celgene in $74B deal

cnbc.com

From: richardred1/22/2018 11:16:51 AM

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A Merger Monday. Mainly in the Bio-Pharma space.

Juno Therapeutics acquired by Celgene for $9B in dramatic deal for rising biotech star.
geekwire.com

Sanofi digs deep to buy U.S. hemophilia group Bioverativ for $11.6 billion
reuters.com

AIG to Acquire Validus for $5.56 Billion in Cash

businesswire.com
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