Medivation: No to Sanofi's renewed press to take $9.3B offer
Medivation again rejected Sanofi's bid to acquire the biologic drugmaker for $9.3 billion, saying Thursday that it "substantially undervalues" Medivation and its prospects.
Medivation again rejected Sanofi's bid to acquire the biologic drugmaker for $9.3 billion, saying Thursday that it "substantially undervalues" Medivation and its prospects.
Medivation again rejected Sanofi's bid to acquire the biologic drugmaker for $9.3 billion, saying Thursday that it "substantially undervalues" Medivation and its prospects.
Medivation again rejected Sanofi's bid to acquire the biologic drugmaker for $9.3 billion, saying Thursday that it "substantially undervalues" Medivation and its prospects.
Sanofi SA released a letter it sent to the board of Medivation, which about a month ago became a hot acquisition target for large multinational drugmakers looking for ways to boost their medicine portfolios and future sales. On Thursday, Medivation said in a brief statement that "Sanofi's letter simply restates an inadequate proposal" that undervalues the company, "its leading oncology franchise, and innovative late-stage pipeline." The statement said the board "believes the execution of Medivation's... Читать дальше...
GoPro said it swung to a deep loss in the first quarter, spotlighting the uphill battle the action-camera maker faces in broadening its customer base, though sales beat market expectations.
SALT LAKE CITY (AP) — A former University of Utah student has filed a federal complaint after she says school officials dragged their feet on her sexual assault report until both she and the accused had graduated. The Office for Civil Rights says there are currently about 180 colleges and universities with pending Title IX sexual violence investigations.
Goldman Sachs Group Inc. is trimming additional staff from its sales and trading division, people familiar with the matter said, marking another wave of cost cuts for the Wall Street firm as it wades through a slump at some of its key businesses.
Goldman Sachs Group Inc. is trimming additional staff from its sales and trading division, people familiar with the matter said, marking another wave of cost cuts for the Wall Street firm as it wades through a slump at some of its key businesses.
AP
Now that Kobe Bryant is retired he has gone all-in on the investment and business world, something he prepared for by leaning on billionaire investor Chris Sacca. But even though Kobe is done playing basketball, that doesn't mean he isn't still driven by some of the slights that happened to him during his NBA career.
Sacca was a guest on "The Bill Simmons Podcast" and told an incredible story about how Bryant reached out to him to learn more about the investing and start-up world. Читать дальше...
It didn't take long for Khloe Kardashian to set back U.S.-Cuban relations more than 50 years.
Last year, former Bears wide receiver Joe Anderson was spotted outside of the Texans stadium holding up a sign asking for another shot from an NFL team. Anderson got one a short time later when the Jets signed him to their practice squad in December. He’ll need to either take the sign out of storage…
J. Matthew McInnis
Politics, Iran
A budget battle as the old hardline parliament heads out.
Iranian president Hassan Rouhani is hoping results from Iran’s second round of parliamentary elections on April 29 produce a better political landscape as he looks toward his re-election campaign a year from now.
He needs the good news. The more conservative outgoing parliament pointedly made his life more difficult in this month’s battles over the current budget. That was... Читать дальше...
Craig Steven Wright, the Australian businessman who this week claimed he was the creator of the digital currency bitcoin, abruptly pulled his offer to provide more proof.
Shares in Herbalife jumped more than 13 percent in after-hours trading.
Michelle and Barack Obama dance to "Uptown Funk" with R2-D2 and two Stormtroopers at the White House. #MayThe4thBeWithYou … Click to Continue »
Thomson Reuters
Once again, a senior Iranian commander has threatened to close the Strait of Hormuz to U.S. shipping. According to the Associated Press:
The remarks by the acting commander of the Guard also follow those of Supreme Leader Ayatollah Ali Khamenei who on Monday criticized U.S. activities in the Persian Gulf.
It’s unclear whether that signals any new Iranian concern over the strait or possible confrontation with the U.S. following its nuclear deal with world powers. Читать дальше...
LOS ANGELES - The Latest on the verdicts in the "Grim Sleeper" serial killings (all times local):
U.S. House Speaker Paul Ryan is refusing to support Donald Trump as the Republican nominee for president, insisting Thursday that the businessman must do more to unify the GOP.
CHICAGO (AP) — A suburban Chicago man authorities say is linked to the Guerrero Unidos Mexican cartel has pleaded guilty to federal drug charges.
CHICAGO - A suburban Chicago man authorities say is linked to the Guerrero Unidos Mexican cartel has pleaded guilty to federal drug charges.
CHICAGO (AP) — A suburban Chicago man authorities say is linked to the Guerrero Unidos Mexican cartel has pleaded guilty to federal drug charges.
MADISON, Wis. (AP) — A prominent sportsmen's group wants Gov. Scott Walker to crack down on captive deer farms as he considers revising the state's chronic wasting disease tactics.
The FDA and California lawmakers introduced tightened regulations this week.
HARTFORD, Connecticut - A former Wesleyan University student involved in a rash of campus overdoses tied to the party drug Molly has been sentenced to four months in prison.