Shire Said Poised to Start Takeover Talks With Baxalta: Times
2015-08-09 07:13:13.412 GMT
By Namitha Jagadeesh
(Bloomberg) -- Shire may start talks as early as this week,
Times reports, citing people familiar with the matter.
* Shire must raise bid to stand a chance
* Shire CEO has met many Baxalta investors to persuade them to
put pressure on board; discussions went well
* Talks expected to be start of long drawn-out negotiations
* Link to Times story: NSN NSS4W1BE07I8<GO>
* NOTE: Last week; Baxalta rejected Shire’s unsolicited $30b
bid saying price too low
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To contact the reporter on this story:
Namitha Jagadeesh in London at +44-20-3525-3596 or
njagadeesh@bloomberg.net
To contact the editors responsible for this story:
Cecile Vannucci at +44-20-3525-7032 or
cvannucci1@bloomberg.net
Shaji Mathew, Amy Teibel
2015-08-09 07:13:13.412 GMT
By Namitha Jagadeesh
(Bloomberg) -- Shire may start talks as early as this week,
Times reports, citing people familiar with the matter.
* Shire must raise bid to stand a chance
* Shire CEO has met many Baxalta investors to persuade them to
put pressure on board; discussions went well
* Talks expected to be start of long drawn-out negotiations
* Link to Times story: NSN NSS4W1BE07I8<GO>
* NOTE: Last week; Baxalta rejected Shire’s unsolicited $30b
bid saying price too low
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Namitha Jagadeesh in London at +44-20-3525-3596 or
njagadeesh@bloomberg.net
To contact the editors responsible for this story:
Cecile Vannucci at +44-20-3525-7032 or
cvannucci1@bloomberg.net
Shaji Mathew, Amy Teibel