3 Reasons Why Amgen Could Actually Acquire Alexion

3 Reasons Why Amgen Could Actually Acquire Alexion

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Motley Fool
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Is a major biotech buyout in the works? Spanish television network Intereconomia recently reported that Amgen (NASDAQ: AMGN) is in discussions to acquire Alexion Pharmaceuticals (NASDAQ: ALXN). Intereconomia cited unnamed sources that said a deal could be announced soon, with Amgen potentially offering around $200 per share for Alexion, which would translate to close to $45 billion.

These are only unconfirmed rumors at this point. But Mizuho analyst Salim Syed thinks that the possibility of a deal happening "doesn't sound too crazy."