TESARO (TSRO) Rumors in Focus as Gilead (GILD) Raises $5B in Debt

September 15, 2016 1:09 PM EDT

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TESARO (NASDAQ: TSRO) takeover rumors continue as rumored suitor Gilead (NASDAQ: GILD) announced plans to offer $5 billion in senior Notes . Shares of TSRO is up 1.1% today. The company's market cap is ~$5 billion.

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