Amylin (AMLN) Won't Comment on Takeover Reports
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Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) has declined to comment on reports this morning that it is the target of a $3.5 billion takeover bid from Bristol-Myers Squibb (NYSE: BMY).
Company spokeswoman Alice Izzo said, "as a matter of company policy, Amylin does not comment on market rumors or speculation."
Shares of Amylin Pharmaceuticals are up 44 percent early Wednesday on the reports.
Company spokeswoman Alice Izzo said, "as a matter of company policy, Amylin does not comment on market rumors or speculation."
Shares of Amylin Pharmaceuticals are up 44 percent early Wednesday on the reports.
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