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The letter below is rather self-explanatory. Bristol ceo Jim Cornelius (pictured below left) isn’t pleased with Carl Icahn’s mysterious maneuvering to extract a higher price than $60 a share from the big drugmaker for ImClone Systems. read more »
By Matthew Holt So Bill McGuire has settled with CALPers in the scandal where he backdated the value of his United HealthGroup stock options. He’ll pay a $30m fine which sounds a lot but is a rounding error on his...
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Jim Cornelius, CEO of Bristol-Myers Squibb, stands behind the company's $60-a-share offer for ImClone Systems in a letter to financier Carl Icahn. The letter doesn't rule out a higher bid, but it casts doubt on the "highly conditional preliminary pr
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While McCain and the media are trying to distract us with some stupid argument over a well-known phrase, we should be talking about how the Republican platform would decide that a fetus, any fetus, is more valuable than a grown woman, even if itR
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Brain Markison, King’s ceo, is disappointed that Dean Mitchell, Alpharma’s ceo, hasn’t responded to his initial offer $1.4 billion offer, which amounted to $33 a share. So Markison raised the bid to $37, or $1.6 billion, and is goi
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The US Senate Finance Committee is investigating not one, but two academics from the University of Texas for failing to disclose payments from drugmakers at the same time they conducted research funded by the National Institutes of Health. Earlier,
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