The Claim By Bristol-Myers Squibb CEO That The New Company Will Be A 'Magnet For Talent' Is Naïve

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A “magnet for talent” - really? Would you want to join an organization that is in the midst of such turmoil?

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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
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

Bristol-Myers takes $74 bln bet against the marketThere are good reasons to buy rival oncology giant Celgene. But cost cuts don’t cover the 54 pct premium and the target’s owners get the financial benefit. Bristol is hoping for luck in the courts and multiple regulatory approvals that Celgene’s shareholders were skeptical of.
منبع: Breakingviews - 🏆 470. / 51 ادامه مطلب »