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Archive for September, 2010
According to the government’s August report on unemployment, it is indicated that in the last quarter, the private job growth in the US was stronger than initially estimated. In August, private sector created 67,000 vacancies, which was more than the number of 41,000 economists had forecast.
But still, there is another overall loss of 54,000 jobs [...]
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- Tags: lost job, unemployment rate
Genzyme has rejected an $18.5bn takeover big by France’s Sanofi-Aventis as it announced that the offer undervalued the Massachusetts-based drugmaker. According to Genzyme, it is said that it would not negotiate with Sanofi at such an unrealistic starting price.
The $69-per-share offer is at a 38% premium to Genzyme’s share price when takeover speculation began on [...]
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- Tags: Sanofi Takeover
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