Will Shareholders Support The Bristol/Celgene Merger? – An Informa Pharma Intelligence Podcast

Expectations that the $74bn deal will go through are now reinforced by proxy advisor recommendations that shareholders vote in favor of the transaction. Podcast discussion also includes Karyopharm’s selinexor and J&J’s Spravato.

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Bristol-Myers Squibb Co.'s plan to buy Celgene Corp. for $74bn made investors optimistic about biopharmaceutical stocks again, but opposition from some of Bristol's major shareholders put the deal in doubt – though it now seems more likely that the transaction will go through.

That's because the independent proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis & Co. recommended on March 29...

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