Sunday, August 21, 2005

OSI buying Eyetech for $935 million

SAN FRANCISCO (MarketWatch) - OSI Pharmaceuticals Inc. said Sunday it is buying Eyetech Pharmaceuticals Inc. in a cash-and-stock deal, valued at $935 million, that pays Eyetech shareholders a 43% premium over Friday's closing price of $13.99.

posted by Gordengekko at 10:51 PM

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