Amgen Close to Buying Onyx Pharmaceuticals for $125/Share -NY TImes

The New York Times is reporting that Amgen AMGN is close to a deal to acquire Onyx Pharmaceuticals ONXX for $125 per share. The deal could be announced on Monday, according to sources. Onyx rejected an offer of $120 per share from Amgen. Onyx Pharmaceuticals closed Friday at $116.96.
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