According to Bloomberg, Forty Seven (FTSV) approached by Gilead Sciences (GILD)

  • February 28, 2020


StockForty Seven, Inc.SymbolFTSV
Date Announced02/27/2020Source Bloomberg
TypeNews Report
Date of Confirmation: 03/02/2020Price at Confirmation: $58.00
Potential Profit: 18.88%Annualized Profit: 1722.51%
Gilead Sciences Inc. (GILD) has approached cancer therapy company Forty Seven Inc. (FTSV) with a takeover offer, according to people with knowledge of the matter.
March 02, 2020: Gilead Sciences, Inc. (GILD) and Forty Seven, Inc. (FTSV) announced today that the companies have entered into a definitive agreement pursuant to which Gilead will acquire Forty Seven for $95.50 per share in cash.

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