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Bristol-Myers to buy Celgene in a $74 billion deal; Celgene shares surge

By CNBC  
   January 03, 2019

Bristol-Myers Squibb announce plans to buy Celgene in a cash and stock deal valued at $74 billion. Celgene shareholders will receive one Bristol-Myers Squibb share and $50 in cash for each share held, or $102.43 per share. Shares of Celgene surge in premarket trading, while Bristol-Myers Squibb shares fall.

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