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Biotech / Medical : Munch-a-Biotech Today
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To: LLCF who wrote (357)5/3/1999 9:11:00 AM
From: Biomaven  Read Replies (2) of 3158
 
From Bloomberg today:

Centocor Inc. (CNTO): Johnson & Johnson (JNJ) is close to an
agreement to acquire the biotechnology company, a person familiar
with the discussions said. Centocor's shares rose 27 percent
since April 20 on the takeover speculation. Both companies have
declined comment. Centocor shares rose 9/16 to 44 3/8. J&J shares
fell 1 3/16 to 97 1/2.

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