Lilly acquires ICOS Corporation for $2.1 Billion
19-Oct-2006
The board of directors of ICOS voted unanimously to approve the merger agreement and to recommend that its shareholders approve the transaction. The transaction is expected to close in late 2006 or early 2007. Closing is contingent upon approval by ICOS shareholders, clearance under the Hart-Scott- Rodino Anti-Trust Improvements Act and certain other closing conditions.
Organizations
Eli Lilly
ICOS
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