UPDATE 1-Cost to insure Bristol-Myers debt jumps as leverage balloons
02 Jan UPDATE 1-Cost to insure Bristol-Myers debt jumps as leverage balloons
Posted at 18:25h
in
News
by KMFSLLP
The cost to insure Bristol-Myers
Squibb debt hit its highest point since May 2010 on
Thursday, following the announcement that the U.S.
pharmaceutical company would acquire rival Celgene Corp
in a deal worth about $74 billion.
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