AstraZeneca and Bristol-Myers Squibb Merger Talks Impact Stocks, Puzzle Analysts
AstraZeneca shares slumped while Bristol-Myers Squibb jumped on reports of potential merger talks, which analysts found puzzling. The discussions could lead to the creation of the world's largest drugmaker, with multiple sources confirming the ongoing examination of a deal.
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AstraZeneca tie-up talks with Bristol-Myers Squibb are moving stocks. Analysts are puzzled.
AstraZeneca shares were slumping while Bristol-Myers Squibb was jumping on Monday on reported deal talks. But the big question is why these two pharmaceutical giants would want to come together in the first place.
By Steve Goldstein
Read full article →AstraZeneca in talks over potential Bristol-Myers Squibb megadeal that would create world’s biggest drugmaker
By Kelly Gilblom
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