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American Home Products bids $263 million for Immunex
13 Jul 1999
Executive Summary
In an unexpected move, American Home Products proposed to acquire the remaining 45.4% it doesn't already own of Immunex: 39.6 million shares at $14.50 per share for a total of $263 million.
Deal Industry
- Pharmaceuticals
-
Biotechnology
- Large Molecule
Deal Status
- Withdrawn
Deal Type
-
Acquisition
- Partial Acquisition
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American Home Products bids $263 million for Immunex
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