Bristol-Myers takes $74 bln bet against the market

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

With the acquisition of Celgene, Bristol-Myers Squibb is taking a $74 billion bet against the market. rob_cyran

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 470. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breakingviews - Bristol-Myers takes $74 bln bet against the market(Reuters Breakingviews) - Bristol-Myers Squibb is taking a $74 billion bet again...
Source: Reuters - 🏆 2. / 97 Read more »

Bristol-Myers Squibb's $74 billion acquisition of Celgene would combine two troubled companiesHeavy debt, faltering in 2018, and cracks in the deal: Bristol-Myers Squibb's $74 billion acquisition of Celgene combines 2 troubled companies. That's like merging Deutsche Bank and Commerzbank. Guess 1-(-1) = 2
Source: CNBC - 🏆 12. / 72 Read more »