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Merck to buy Cubist Pharmaceuticals for $9.5 billion

2014-12-08 14:13:42| Biotech - Topix.net

Drug giant Merck said it will buy Cubist and a slate of medicines administered in the hospital setting, many for bacterial infections, for about $9.5 billion, for $102 a share in cash. The deal represents a 35 percent premium to Cubist's average stock price in the last five trading days, Merck said in a statement on Monday.

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VIDEO: Crackdown on UK's billion nuisance calls

2014-12-08 11:48:47| BBC News | Business | UK Edition

A task force set up to deal with nuisance phone calls has said that company directors should be held responsible for bombarding people with unwanted messages.

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a Blackstone to sell Equity Office Silicon Valley portfolio to Hudson Pacific for $3.5 billion

2014-12-08 09:19:12| Real Estate - Topix.net

In a stunning $3.5 billion deal, Blackstone Group LP is selling its Silicon Valley portfolio - a mammoth 8.2 million square feet managed under the Equity Office Properties flag - to Hudson Pacific Properties, a Los Angeles-based real estate investment trust, the Wall Street Journal reported Sunday night . The deal, which is not yet closed, marks the end of an era in Bay Area real estate.

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Merck in talks to acquire Cubist Pharmaceuticals for more than $7 billion - NYT

2014-12-06 06:44:09| Biotech - Topix.net

Merck & Co Inc is in talks to acquire Cubist Pharmaceuticals Inc for more than $7 billion in a deal that could be announced as early as next week, the New York Times reported on Friday, citing people briefed on the matter. Merck will likely pay roughly $100 a share for Cubist, valuing the company that makes drugs to fight superbugs, in the range of $7.5 billion, the people said.

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Ex-wife of oil magnate Harold Hamm appeals $1 billion divorce ruling

2014-12-06 01:40:02| Electronics - Topix.net

Sue Ann Arnall, the ex-wife of Continental Resources Chief Executive Officer and Chairman Harold Hamm, has appealed a divorce judgment that awarded her around $1 billion from the Hamm marital estate, her lawyers said on Friday. The appeal by Ms.

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