SEC Investor - Brystol-Myers Moves Up on Rumors - The Insider's Guide to SEC Filings

Monday, January 29, 2007

Bristol-Myers Squibb Co. (NYSE:BMY) shares moved up $1.72, or 6.56%, to $27.93 in early trading today after rumors surfaced that the company could be acquired by Sanofi-Aventis (NYSE:SNY). La Lettre de l'Expansion - a French newspaper - reported that a pre-merger memorandum has even been signed last week. Meanwhile, both Sanofi-Aventis and Bristol-Myers declined to comment on the speculation.

Related Companies
Pfizer, Inc. (PFE)
Schering-Plough Corporation (SGP)
Barr Pharmaceuticals, Inc. (BRL)

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1/29/2007 4:03:49 PM UTC

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Senior Editor: Justin Kuepper

SEC Investor uncovers the hidden gems of information about companies inside SEC Filings so our readers can make more informed choices about their investments.

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