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Gilead Sciences (GILD) announces a deal to purchase Pharmasset (VRUS) for $11B in a deal that is...
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Monday, November 21, 2011, 7:17 AM ETGilead Sciences (GILD) announces a deal to purchase Pharmasset (VRUS) for $11B in a deal that is expected to close in Q1 and become accretive to Gilead's earnings starting in 2015. The $137/share offer price agreed upon by the firms marks an 89% premium to the closing price of Pharmasset on Friday.
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