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HomeUS MarketsM&A & DealsAstraZeneca and Bristol Myers Squibb in reported merge…

AstraZeneca and Bristol Myers Squibb in reported merger talks

MarketWatch reported that AstraZeneca and Bristol Myers Squibb are in discussions about a potential merger, a development that has drawn sharp investor attention.

According to MarketWatch, AstraZeneca shares were falling while Bristol Myers Squibb shares were rising on Monday as the market reacted to the reported talks.

The outlet said analysts are focusing on what would drive the companies to pursue a combination, given the apparent mismatch in near term stock moves between the two firms.

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