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Amylin (AMLN) +9% to $30.75 following news it's being bought by Bristol-Myers Squibb (BMY -0.1%)...

  • Monday, July 2, 2012, 8:48 AM ET
    Amylin (AMLN) +9% to $30.75 following news it's being bought by Bristol-Myers Squibb (BMY -0.1%) and AstraZeneca (AZN -0.1%) in a 31/share deal worth $7B. Bernstein analyst Tim Anderson says BMY and AZN are the most logical buyers, although he doesn't think the transaction will significantly alter the financial outlook for either company.
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