sale-following

U.S. Fed awards $23.24 billion in reverse repos

The Federal Reserve on Monday awarded $23.24 billion of one-day, fixed-rate reverse repurchase agreements to 17 bidders at an interest rate of 0.25 percent, the New York Fed said on its website. The reverse repurchase agreement

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U.S. Fed awards $23.24 billion in reverse repos

sale-following

Exclusive: Medivation succumbs to pressure to explore sale -sources

U.S. cancer drug maker Medivation Inc has decided to explore a sale following a $9.3 billion acquisition offer from France's Sanofi SA and interest from other companies, people familiar with the matter said on Monday. Pfizer Inc and Amgen Inc are among the companies that have signed non-disclosure agreements with Medivation, which allow them to obtain confidential information about the company, the people said. Sanofi made its

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Exclusive: Medivation succumbs to pressure to explore sale -sources