Posted by admin on February 27th, 2009 at 4:11 pm | Categorized as CV Therapeutics, Docu-Drama | Tagged as Astellas Pharma, CV Therapeutics, hostile takeovers, Posion pill
Astellas Pharma is appealing directly to the stockholder of CV Therapeutics, offering to give them $16 a share, an offer it has unsuccessfully made twice before to CV’s board, most recently a week ago.
“While we continue to prefer to reach a negotiated agreement Read the rest of this entry »
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Posted by admin on January 30th, 2009 at 2:21 pm | Categorized as CV Therapeutics, Poison pill | Tagged as Astellas Pharma, CV Therapeutics, Mergers and Acquisitions, Posion pill, Ranexa
The board of directors at CV Therapeutics decided to extend by a year the shareholders rights plan they have in place to fend off hostile takeovers. The plan, otherwise known as a poison pill, was set to expire Read the rest of this entry »
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