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You are here: Industry Insights > defensive deal

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Bristol-Myers Squibb CEO insists proposed Celgene purchase not a "defensive deal" firstwordpharma
March 13, 2019
Bristol-Myers Squibb CEO Giovanni Caforio reiterated that the company's proposed $74-billion acquisition of Celgene is not designed to fend-off a takeover of the company. This "is not [a] defensive deal," Caforio said, as the drugmaker looks to persuade i

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