yesterday's rumor is now today's news. Now it's $9.7b instead of $7b
Novartis to buy U.S. biotech The Medicines Co. for $9.7 billion
ZURICH (Reuters) - Novartis AG (NOVN.S) is buying U.S. biotechnology company The Medicines Co (MDCO.O) for about $9.7 billion, the Swiss drugmaker said on Sunday, as it seeks to expand its portfolio of medicines against cardiovascular disease. ZURICH (Reuters) - Novartis AG (NOVN.S) is buying U.S. biotechnology company The Medicines Co (MDCO.O) for about $9.7 billion, the Swiss drugmaker said on Sunday, as it seeks to expand its portfolio of medicines against cardiovascular disease.
https://www.reuters.com/article/us-medicines-m-a-novartis/novartis-to-buy-u-s-biotech-the-medicines-co-for-9-7-billion-idUSKBN1XY0NL
yet another LBO…only way to get this to go.