Sin
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 Posted: Mon Oct 06, 2008 7:41 pm Post subject: Eli Lilly bids $6.5 billion for ImClone |
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BOSTON/PHILADELPHIA (Reuters) - Eli Lilly and Co has agreed to acquire ImClone Systems Inc for $6.5 billion, outbidding Bristol-Myers Squibb Co and potentially bringing to a close one of the most colorful corporate sagas in biotech history.
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