samsung-denies-report-that-it-wants-to-buy-biogen

Samsung Denies Report That It Wants to Buy Biogen

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https://www.barrons.com/articles/biogen-stock-jumped-samsung-wants-to-buy-it-according-to-a-report-51640815977


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Biogen stock jumped on Wednesday after a South Korean newspaper reported that Samsung Group was in talks to acquire the drugmaker.

A Samsung spokesperson told Barron’s in an emailed statement that the report was groundless.

The Korea Economic Daily, citing unnamed investment banking sources, reported that Samsung is engaged in negotiations…