Bristol Myers Squibb adds Premier Radiopharmaceutical Platform with Acquisition of RayzeBio
Bristol Myers Squibb and RayzeBio, Inc. announced a definitive merger agreement under which Bristol Myers Squibb will acquire RayzeBio for USD 62.50 per share in cash, for a total equity value of approximately 4.1 billion USD, or 3.6 billion USD net of estimated cash acquired. The transaction was unanimously approved by both the Bristol Myers Squibb and RayzeBio Boards of Directors.