Sunday, 15 July 2012

GSK in weekend talks to buy Human Genome -sources



A GlaxoSmithKline logo is seen outside one of its buildings in west London LONDON (Reuters) - GlaxoSmithKline is holding talks this weekend with Human Genome Sciences to agree a deal to acquire it for some $2.6 billion, after pursuing the U.S. biotech firm for three months, sources familiar with the situation said on Sunday. Human Genome, which rejected a $13-a-share offer in April from GlaxoSmithKline, its long-time partner, has come under pressure from investors to try and strike a deal with the British drugmaker in the absence of any alternative bids. The U.S. ...








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