Investing
Bristol-Myers Squibb to acquire Mirati in a $4.8 billion deal
© Reuters. FILE PHOTO: Test tubes are seen in front of a displayed Bristol Myers Squibb logo in this illustration taken, May 21, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – Bristol-Myers Squibb (NYSE:) is set to acquire cancer drugmaker Mirati Therapeutics (NASDAQ:) for $58 per share in cash, representing $4.8 billion equity value.
Bristol-Myers Squibb will finance the transaction with a combination of cash and debt.
The transaction is expected to be dilutive to Bristol-Myers Squibb’s non-GAAP earnings per share by approximately 35 cents per share in the first 12 months after the transaction closes.
Read the full article here
5 Ways Women Can Close the Talent Gap Within STEM Fields
Supreme Court TikTok Ban: What to Know, January 19 Deadline
3 Ways to Build a Business in an Uncontested Market
Use These ChatGPT Prompts to Boost Your Amazon Sales
December inflation clouds Fed's outlook on interest rate cuts
If you are 60 years old, new 401(k) rules could save you money
Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports By Reuters
LA Rental Prices Skyrocketing Despite Price Gouging Laws
How to Craft Marketing Campaigns That Reach Multiple Generations
FileJump Offers 2TB of Cloud Storage for $70—With No Strings Attached
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Personal Finance7 days agoIf you are 60 years old, new 401(k) rules could save you money
-
Investing6 days agoBank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports By Reuters
-
Side Hustles5 days agoLA Rental Prices Skyrocketing Despite Price Gouging Laws
-
Side Hustles5 days agoHow to Craft Marketing Campaigns That Reach Multiple Generations
-
Side Hustles7 days agoFileJump Offers 2TB of Cloud Storage for $70—With No Strings Attached
-
Side Hustles3 days agoWhat to Do If TikTok is Banned — How to Protect Your Brand
-
Side Hustles6 days agoZillow: These Are the Top 10 Hottest Housing Markets of 2025
-
Investing7 days agoIt’s Time to Rewrite Your Company’s Values — Here’s How