Closing date pushed back to 2020?

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Otezlas sale is contingent to receiving approval for the merger.

I don't think they're going to just sell otezla flat out to merge, they can draw up contracts that only allow the obtaining company to buy otezla if the deal closes.

Would be very very risky for celgene to just divest.
 






anonymous said:
You’re an idiot. Re-read the FAQs you clown. Divestiture = severance
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If the purchasing company does not adopt the severance agreement you can resign for good cause, if they do and they do not do anything like lower pay then a good cause severance will be hard to get.

If the purchasing company adopts severance agreement but then lowers salaries you can resign for good cause.

They aren't just going to give you money.

They may give you a retention bonus when you sign on. Other than that I wouldn't count on obtaining the severance. Unless it's cheaper to get rid of you than keep you... I.e. beginning employees or employees who have been here for 20+ years
 






























I just want it delayed so I can order another large SUV. Bristol cars suck ass and wherever we end up is probably just as bad.

Also, I'm trying to adopt a kid so I can take off another 4 months.

Damn, Celgene was the place to be.
 




































anonymous said:
Nope, that’s not true. Did you not listen to the town hall, read the faqs or have common sense? If otezla is sold, no matter when-before or after the bms-celg deal, and the buying company retains you- no severance. You will only get severance if the buying company doesn’t keep you or if they offer you a job that isn’t within reason-like you would have to move or a change in your territory etc. in that case you have good cause to decline the offer and get severance.
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Well it looks like they are hoping to close ithe deal October or early November. Has anybody heard a more definitive date? I would anticipate the Amgen deal to close immediately after.
 






anonymous said:
Well it looks like they are hoping to close ithe deal October or early November. Has anybody heard a more definitive date? I would anticipate the Amgen deal to close immediately after.
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Your time frame is exact for deal closure. The actual merging of field forces and home office staff will take months to happen. Good luck to everyone. This will be good for many many people.
 






luckiest son's of bitches out there are the Otezla reps - they get the double trigger for their equity- they get BMY's artificial boost to the stock - and they don't have to be BMY(big Pharma mentality, little Pharma talent) - and to top it all off, they get to go the the best benefits company in biotech -Amgen.

lucky son's of bitches
 






anonymous said:
luckiest son's of bitches out there are the Otezla reps - they get the double trigger for their equity- they get BMY's artificial boost to the stock - and they don't have to be BMY(big Pharma mentality, little Pharma talent) - and to top it all off, they get to go the the best benefits company in biotech -Amgen.

lucky son's of bitches
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Balls won’t be drained anytime soon though
 
























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