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American Home Products bids $263 million for Immunex

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
  • Biotechnology
    • Large Molecule
  • Pharmaceuticals
Deal Status
  • Withdrawn
Deal Type
  • Acquisition
    • Partial Acquisition

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