Onyx looks to raise over $350M

Onyx Pharmaceuticals Inc. (NASDAQ:ONXX) proposed late Tuesday to sell up to 4.4 million shares in a follow-on underwritten by BofA Merrill Lynch and Barclays. If sold at Onyx's close of $83.43 on Tuesday, the company would raise $367.1 million. Onyx was up $0.61 on Tuesday. ...