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Was Sanofi’s Offer One That Actelion Could Refuse? J&J Back At Bargaining Table

 
• By Mandy Jackson

Johnson & Johnson is back at the M&A bargaining table with Actelion after walking away from negotiations a week ago, raising questions about whether Sanofi’s deal terms were harder to digest than J&J’s.

Actelion Pharmaceuticals Ltd. and Johnson & Johnson revealed on Dec. 21 that the two companies are back at the M&A bargaining table with “exclusive negotiations” ongoing, raising the question of whether Sanofi’s offer was unpalatable while J&J’s is easier to digest.

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