Bristol Myers to get RayzeBio for about $4.1 billion

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Logo of world-wide biopharmaceutical organization Bristol-Myers Squibb is pictured on the blouse of an employee in Le Passage, in close proximity to Agen, France March 29, 2018.

Regis Duvignau | REUTERS

Bristol Myers Squibb mentioned on Tuesday it will obtain radiopharmaceutical firm RayzeBio for about $4.1 billion.

Bristol stated it will pay $62.50 for each share of RayzeBio in hard cash, representing a high quality of 104% to the stock’s previous shut.

RayzeBio shares ended up halted in advance of the offer announcement.

This story is acquiring. Make sure you examine back again for updates.

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