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Novartis To Buy Merck Spin-Off Calypso Biotech For Up To $375M

Law 360 M&A

Swiss pharmaceutical giant Novartis is buying European company Calypso Biotech in a deal that could be worth up to $375 million, according to an announcement from Calypso on Monday, marking one of the earliest deals to be announced at the start of the deal frenzy expected at the J.P.

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Activision Raises Alarm As FTC Considers Pausing Microsoft Takeover: 'We Don't See How This Will Continue'

Benzinga

Bobby Kotick , Activision Blizzard Inc 's (NASDAQ: ATVI ) CEO, said that the company would probably walk away from the $68.7 According to Bloomberg, Kotick made the statement during a federal court hearing in San Francisco on Wednesday, when he was testifying in favor of the deal. billion takeover bid by Microsoft Corp.

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2 Firms Build $2.4B Sale Of SF Biopharmaceutical Biz

Law 360 M&A

Pharmaceutical giant Eli Lilly & Co. on Tuesday announced that it has agreed to purchase San Francisco-based biopharmaceutical company Dice Therapeutics in a deal totaling roughly $2.4 billion and built by Kirkland & Ellis LLP and Fenwick & West LLP.

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“Shadow Trading” Becomes Insider Trading

Reynolds Holding

District Court in San Francisco denied a motion to dismiss charges filed by the Securities and Exchange Commission under an expansive new theory of insider trading liability. an oncology-focused biopharmaceutical company. Analyst reports also publicly listed Incyte among its peer companies. On January 14, 2022, the U.S.