Starboard Delivers Open Letter to Bristol-Myers Squibb Stockholders

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Bristol-Myers Squibb (BMY) Responded to Starboard's Letter, Confident in Combination with Celgene (CELG)

February 28, 2019 12:00 PM EST

Bristol-Myers Squibb Company (NYSE: BMY) today issued the following statement in response to a letter from Starboard Value:

Bristol-Myers Squibb welcomes the opinions of all of its stockholders and will review Starboards letter and respond in due course.

The Bristol-Myers Squibb Board and management team are confident that our combination with Celgene Corporation (NASDAQ: CELG) will create a premier biopharma company and deliver substantial benefits to our stockholders. This combination is consistent with our strategy and is the... More