Quartz·1 min read·easy

Senior source denied AstraZeneca and Bristol Myers Squibb were ever in merger talks

Cris Tolomia
AI Summary

A senior source has officially denied reports that pharmaceutical giants AstraZeneca and Bristol Myers Squibb were engaged in merger discussions. The source stated that no such deal ever existed.

A source close to the matter told Reuters there is "no deal" and there "never was a deal to be done" between the two drugmakers

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