According to WSJ, Juno Therapeutics (JUNO) approached by Celgene Corporation (CELG)

  • January 17, 2018

POTENTIAL DEAL DETAILS

StockJuno Therapeutics, Inc.SymbolJUNO
Date Announced01/16/2018Source The Wall Street Journal
TypeUnsolicited BidAcquiring Company/Person Celgene Corporation
Date of Confirmation: 01/22/2018Price at Confirmation: $86.00
Potential Profit: 24.19%Annualized Profit: 1471.42%

Celgene Corp. (CELG) is in talks to buy biotechnology company Juno Therapeutics Inc. (JUNO), just days after announcing another major deal to bolster its portfolio of blood-cancer drugs.

Update(s):

January 22, 2018: Celgene Corporation  (CELG) and Juno Therapeutics, Inc. (JUNO) today announced the signing of a definitive merger agreement in which Celgene has agreed to acquire Juno.

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