BioWorld Today - How Much Is Genzyme Worth? Sanofi Bid Rumored at $18.7B - By Jennifer Boggs

Shares of Genzyme Corp. continued climbing Thursday amid rumblings of a possible $70-per-share bid from Sanofi-Aventis SA, but whether $18.7 billion is a fair takeout price for the Cambridge, Mass.-based biotech clearly remains up for debate.

via bioworld.com

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