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Bayer HealthCare Signed An Agreement (TEVA, MGM) by Josie Clarks





Article Author Biography
Bayer HealthCare Signed An Agreement (TEVA, MGM) by
Article Posted: 09/17/2012
Article Views: 52
Articles Written: 233
Word Count: 903
Article Votes: 0
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Bayer HealthCare Signed An Agreement (TEVA, MGM)


 
Business,Business News,Finance & Investment

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teva1 Teva Pharmaceutical Industries Ltd. (NYSE:TEVA)

Bayer HealthCare LLC and TEVA have recently signed an agreement in which Bayer will acquire the U.S. based animal health business of TEVA for up to 145 million USD. The purchase price includes an upfront payment of 60 million USD plus a total of 85 million USD in milestone payments, which are linked to the successful and timely achievement of manufacturing and sales targets. The acquisition allows Bayer to expand its companion and food animal product lines in the United States by integrating the acquired assets into its animal health business. The transaction reflects Teva?s commitment to focus its efforts on human health and its core expertise of providing generic and branded medicines to patients around the world. The transaction, encompassing a manufacturing site in St. Joseph, Missouri and around 300 employees, is expected to close in 2013, subject to antitrust clearance and satisfaction of other conditions.

tevachart2

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) is a leading global pharmaceutical company, committed to increasing access to high-quality healthcare by developing, producing and marketing affordable generic drugs as well as innovative and specialty pharmaceuticals and active pharmaceutical ingredients. Headquartered in Israel, TEVA is the world?s leading generic drug maker, with a global product portfolio of more than 1,300 molecules and a direct presence in about 60 countries. Teva?s branded businesses focus on CNS, oncology, pain, respiratory and women?s health therapeutic areas as well as biologics. Teva currently employs approximately 46,000 people around the world and reached $18.3 billion in net revenues in 2011. To learn more about Teva Pharmaceutical Industries Ltd. , please visit the company?s website at www.tevapharm.com.

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mgm MGM Resorts International (NYSE:MGM)

MGM recently announced that it has priced $1.0 billion in aggregate principal amount of 6.75% senior notes due 2020 at par. The transaction is expected to close on September 19, 2012. The Company plans to use the net proceeds to repay a portion of its indebtedness, which may include indebtedness under its senior credit facility or outstanding debt securities.

mgmchart

MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings Limited, which owns the MGM Macau resort and casino, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino. Leveraging MGM Resorts' unmatched amenities, the M life loyalty program delivers one-of-a-kind experiences, insider privileges and personalized rewards for guests at the Company's renowned properties nationwide. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world. MGM Resorts International supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its gaming properties. The Company has been honored with numerous awards and recognitions for its industry-leading Diversity Initiative, its community philanthropy programs and the Company's commitment to sustainable development and operations. For more information about MGM Resorts International visit www.mgm-mirage.com.

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crwe_logo_2 Crown Equity Holdings Inc. (CRWE)

After becoming a publishing company, CRWE has been evolving in a worldwide online multimedia advertising publisher. CRWE is paving the way in how we communicate worldwide. From buying and selling goods to how people receive news. The company's focus is on the distribution of current information to a target audience which advertisers want to reach. The Company continues to diversify and the Crown Equity family continues to expand.

Crown Equity Holdings family consist of CRWE Newswire (www.crwenewswire.com), CRWE Domains (www.crwedomains.com), CRWE Real Estate (www.crwerealestate.com), CRWE Press Release (crwepressrelease.com), CRWE Direct (www.crwedirect.com) , CRWE AD Services (www.crwe-adservices.com), and CRWE Tube (www.crwetube.com).

CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com.

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To view recent article please visit http://crweselect.com/30049/stock-alerts/value-line-inc-announced-1q-earnings-valu-dram/

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: CRWESelect.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. (Read Full Disclaimer at http://crweselect.com/disclaimer).

Related Articles - Bayer HealthCare, Bellagio, CityCenter, Crown Equity, CROWN EQUITY HLD, Crown Equity Holdings, CRWE, CRWE AD Services, CRWE Direct, CRWE Domains, CRWE,

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