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Pfizer May Bid for Elan

Shares of drug maker Elan Corp. (NYSE:ELN) are up over 5% today on rumors that biotech giant Pfizer (NYSE:PFE) may make a bid for the company. Earlier this week, reports surfaced that Bristol-Myers Squibb (NYSE:BMY) was interested in purchasing a stake in Elan which were later refuted in a UBS report and it was subsequently reported that although talks began in April, they never progressed beyond early stages. No official comments have been made.

http://research.scottrade.com/public/markets/news/news.asp?s…
 
aus der Diskussion: Pfizer May Bid for Elan
Autor (Datum des Eintrages): Huges  (04.06.09 18:42:34)
Beitrag: 1 von 6 (ID:37322071)
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