Proxy advisers ISS, Glass Lewis back Bristol-Myers takeover of Celgene

Proxy advisory firms Institutional Shareholder Services and Glass Lewis on Friday said shareholders of Bristol-Myers Squibb Co should vote in favor of the drugmaker’s proposed $74 billion takeover of rival Celgene Corp., which has been opposed by one of its largest investors and an activist hedge fund.

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Source:: Reuters – Business News

      

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