Genzyme Rejects Sanofi-Aventis Takeover Bid

by | Oct 22, 2010 | Towing

Genzyme, which makes drugs to treat leukemia and multiple sclerosis, has rejected a hostile takeover bid from French drugmaker Sanofi-Aventis. The offer “dramatically undervalues” Genzyme, the company said Friday, putting its v…

Sanofi Denies Offering $69-$80 Price Range to Genzyme

by | Oct 8, 2010 | Towing

There’s a new plot twist in the takeover battle between French pharmaceutical giant Sanofi-Aventis and U.S. drugmaker Genzyme. A regulatory filing made by Genzyme on Thursday claims Sanofi may be willing to go much higher than …