Amgen buying Onyx for $10.4 billion to be bigger player in cancer therapies

Amgen said it will buy Onyx Pharmaceuticals for $10.4 billion in cash, or $125 a share, in a deal that significantly builds the big biotech company’s cancer drug program.

Amgen said it will buy Onyx Pharmaceuticals for $10.4 billion in cash, or $125 a share, in a deal that significantly builds the big biotech company’s cancer drug program.

Expected to close in the next couple of months, Amgen said the deal will add to earnings in 2015. The...

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