Johnson & Johnson Begins Tender Offer to Acquire Cougar Biotechnology (redOrbit)

NEW BRUNSWICK, N.J., June 5 /PRNewswire-FirstCall/ — Johnson & Johnson (NYSE: JNJ), through a new wholly-owned subsidiary, Kite Merger Sub, Inc., today will commence a cash tender offer to purchase all outstanding shares of common stock of Cougar Biotechnology, Inc.

Original post by Lyle

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