Rochester,NY 8/28/2009 1:33:03 AM
News / Finance

Bristol Myers Squibb Co.,BMY-Bristol-Myers Squibb Co.'s Subsidiary accomplishes Initial Tender Offer For Medarex, Inc

Bristol Myers Squibb Co

Bristol-Myers Squibb Co. declared that the initial tender offer, through its wholly owned subsidiary, Puma Acquisition Corporation, for all outstanding shares of common stock of Medarex, Inc. expired at midnight (New York City time) on August 26, 2009, and was not extended.

The depositary for the tender offer has advised Bristol-Myers Squibb that, as of the expiration of the initial tender offer, shareholders of Medarex tendered approximately 119,012,034 shares of Medarex common stock, representing approximately 87.7% of the Medarex shares outstanding.

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