Pfizer boosts cancer drug roster with $14 billion Medivation deal
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Stifel Downgrades Medivation (MDVN) to Hold
August 23, 2016 7:37 AM EDTStifel downgraded Medivation (NASDAQ: MDVN) from Buy to Hold.
For an analyst ratings summary and ratings history on Medivation click here. For more ratings news on Medivation click here.
Shares of Medivation closed at $80.42 yesterday.
... MoreSunTrust Downgrades Medivation (MDVN) to Neutral
August 22, 2016 3:46 PM EDTSunTrust Robinson Humphrey downgraded Medivation (NASDAQ: MDVN) from Buy to Neutral.
For an analyst ratings summary and ratings history on Medivation click here. For more ratings news on Medivation click here.
Shares of Medivation closed at $67.16 yesterday.
... MorePfizer (PFE) to Acquire Medivation (MDVN) in $14B Deal
August 22, 2016 6:45 AM EDTPfizer Inc. (NYSE: PFE) and Medivation, Inc. (Nasdaq: MDVN) announced that they have entered into a definitive merger agreement under which Pfizer will acquire Medivation, a biopharmaceutical company focused on developing and commercializing small molecules for oncology, for $81.50 a share in cash for a total enterprise value of approximately $14 billion. The Boards of Directors of both companies have unanimously approved the merger, which is expected to be immediately accretive to Pfizers Adjusted Diluted EPS upon closing, approximately $0.05 accretive in the first full year after close with... More
Pfizer (PFE) Near Deal to Acquire Medivation (MDVN) for $14 Billion
August 22, 2016 12:33 AM EDTPfizer (NYSE: PFE) is near a deal to acquire Medivation (NASDAQ: MDVN) for just shy of $14 billion in cash, or about $80 per share, according to various media reports late Sunday. A deal could be announced as soon as Monday.
The offer comes at a sharp premium to the $52.50 per... More
