Onyx buy sets dealmaking era for Amgen

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By Stephen Nellis / Friday, August 30th, 2013 / Comments Off on Onyx buy sets dealmaking era for Amgen

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Amgen’s $10.4 billion offer for South San Francisco-based Onyx Pharmaceuticals signals a new finance-oriented era of dealmaking under CEO and former investment banker Robert Bradway. Thousand Oaks-based Amgen, the world’s biggest biotechnology company, said Aug. 26 that it plans to offer $125 per share for Onyx, whose crown jewel is a recently approved blood cancer…

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