Wells Fargo Downgrades YM BioSciences (YMI) to Market Perform

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Gilead Sciences (GILD) Acquires YM BioSciences (YMI) for $2.95/Share

December 12, 2012 8:31 AM EST

Gilead Sciences, Inc. (Nasdaq: GILD) and YM BioSciences Inc. (NYSE: YMI) announced today that the companies have signed a definitive agreement under which Gilead will acquire YM for U.S.$2.95 per share in cash.

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