Sanofi to Buy Genzyme in $20.1 Billion Deal

French drug company Sanofi-Aventis (SNY) has finally made a deal to buy biotech company Genzyme (GENZ) for $20.1 billion, about $74 a share. Genzyme shareholders will get a contingent value right that represents potential future payments if Lemtrada, t…

Still No Deal Between Sanofi-Aventis and Genzyme

What is preventing the French pharmaceutical group and U.S. biotech from reaching a merger agreement?
Continue reading Still No Deal Between Sanofi-Aventis and Genzyme

Still No Deal Between Sanof…

Does It Matter That a German Exchange May Control the NYSE?

The fabled New York Stock Exchange isn’t what it used to be. Today’s NYSE Euronext has lost a huge volume of trading to upstart computerized exchanges in recent years, and scandals have tarnished its luster. Now, Germany’s Deut…