BioCentury
ARTICLE | Company News

NPS, Shire deal

June 9, 2014 7:00 AM UTC

NPS disclosed in an 8-K filing that it has not had any communication with Shire regarding an acquisition offer. The comment came in response to media reports that Shire has approached NPS regarding an offer and has been holding internal discussions about a cash deal that values NPS at "just over $4 billion." On June 1, London's Times also reported that Shire secured a $5 billion credit facility for the offer. Shire declined to comment on the rumors. ...