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More on Sanofi (SNY +2.5%) buying Regeneron (REGN) shares: Sanofi's move follows speculation...

More on Sanofi (SNY +2.5%) buying Regeneron (REGN) shares: Sanofi's move follows speculation last year that it was interested in acquiring Regeneron. Sanofi is already Regeneron's largest shareholder, although the companies have a standstill agreement that prevents the French firm from acquiring more than 30% of Regeneron. The companies are also partners in Zaltrap for the treatment of colon cancer. REGN's shares are due to resume trading at 10:05 ET. (PR)
Comments (1)
  • lot of regn bag holders today
    11 Feb 2013, 07:02 PM Reply Like
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