Gilead Sciences makes takeover approach to Forty Seven: Bloomberg News [Reuters]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: Reuters
Gilead Sciences makes takeover approach to Forty Seven: Bloomberg News (Reuters) - Drugmaker Gilead Sciences Inc ( GILD.O ) has approached cancer therapy company Forty Seven Inc ( FTSV.O ) with a takeover offer, Bloomberg News reported on Thursday, citing people familiar with the matter. Gilead and Forty Seven are discussing a number of options, including a partnership, according to the report. ( bloom.bg/3cdiZkY ) Forty Seven has received interest from other potential suitors as well, though no deal has been finalized, Bloomberg News reported. Shares of Forty Seven rose 23.4% to $60.10 after market, while Gilead gained 1.6%. Both the companies did not immediately respond to a Reuters request for comment.
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