Exclusive: Sanofi to unveil challenge to Medivation's board - sources
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Sanofi (SNY) Announces Filing of Consent Solicitation to Remove, Replace Medivation's (MDVN) Board
May 25, 2016 7:12 AM EDTSanofi (NYSE: SNY) announced that it has filed preliminary consent solicitation materials with the U.S. Securities and Exchange Commission ("SEC") seeking to remove and replace each member of Medivation, Inc.'s (NASDAQ: MDVN) Board of Directors with eight independent and highly-qualified candidates who are willing to fully and fairly evaluate all of Medivation's strategic options, including Sanofi's acquisition offer, in accordance with their fiduciary duties to Medivation and its shareholders.
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