CNBC's "Fast Money" cover image

Why is wall street so calm in a seemingly world of crisis? 10/9/23

CNBC's "Fast Money"

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Bristol Myers' Acquisition of Murati Therapeutics

This chapter discusses the announcement of Bristol Myers' acquisition of cancer drug maker Murati Therapeutics for up to $5.8 billion. The deal is seen as a way for Bristol Myers to offset expected revenue losses and boost their pipeline. However, shares of both companies fall, with Bristol Myers hitting a new 52-week low.

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