Merck Reportedly Lead Bidder In $11B Acceleron Buyout: WSJ - Merck & Co (NYSE:MRK), Bristol-Myers Squibb (NYSE:BMY)

The Wall Street Journal reported that Merck & Co Inc MRK is in advanced talks to acquire Acceleron Pharma Inc XLRN, citing people familiar with the matter.
The deal for Acceleron, which has a market value of around $11 billion, could be announced this week, assuming talks don't fall apart, the people said.
The deal is supposedly Merck's biggest and represents a bet on respiratory and blood diseases treatments.
A Bloomberg report on Friday said Acceleron was in talks to be acquired for $11 billion.
Bloomberg had reported that several drugmakers, including Bristol-Myers Squibb Co BMY, which owns 11.5% of Acceleron's stock, were seen as potential suitors.
Related Content: Acceleron In Advanced $11B Buyout Talks: Bloomberg.
Reblozyl, a hematology product, is jointly co-promoted by Bristol and Acceleron. Bristol Myers has financial claims over Acceleron's products.
For sotatercept, Acceleron is required to pay Bristol-Myers a royalty in the low-20% range of global net sales if the drug is approved and commercialized to treat PAH, according to Acceleron's 2020 annual report.
Price Action: XLRN stock closed 6.69% higher at $178.87 on Monday, while MRK stock is down 0.15% at $73.25 during the premarket session on the last check Tuesday.