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Biotech / Medical : GLAXO (GLX)

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To: t36 who wrote (149)2/23/1998 10:24:00 PM
From: Bill Bishop   of 222
 
'Strained relations'
SmithKline, Glaxo nix merger talks

By Tom Murphy, CBS MarketWatch
Mon Feb 23 20:17:19 1998

NEW YORK (CBS.MW) -- SmithKline Beecham PLC broke off merger talks with Glaxo Wellcome PLC on Monday, saying Glaxo's conduct in the negotiations "strained relations" between the two giant drug companies.

The move scuttles what would have been the biggest merger ever....
cbs.marketwatch.com

Bill Bishop
CBS MarketWatch
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