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Pro Vs. Con: A Side-By-Side Look At Investor Concerns, Bristol's Defenses Of Celgene Deal

 
• By Mandy Jackson

Activist investors continue to question the value of Bristol-Myers Squibbs' acquisition of Celgene ahead of an April 12 shareholder vote on the deal, but Bristol released a new overview of the transaction to rebut arguments against it.

Yes or no decision

Bristol-Myers Squibb Co. has reviewed the value of its pending $74bn acquisition of Celgene Corp. for several months and believes – contrary to the views of some of its biggest investors – that the combined companies offer much more value to shareholders than either entity on its own.

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