Carl Icahn has reportedly taken a stake in Bristol-Myers and its shares are jumping (BMY)

pulse

February 21, 2017 9:57 PM

Bristol-Myers announced changes to its board earlier on Tuesday following pressure from another activist investor.

null

Billionaire Carl Icahn has taken a stake in the pharmaceutical company Bristol-Myers and sees it as a possible takeover target, according to The Wall Street Journal.

Bristol-Myers shares gained as much as 5% in late trading on Tuesday after the news crossed.

pulse

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng