Bristol-Myers Squibb completes DuPont purchase

Bristol-Myers Squibb has completed its $7.8 billion acquisition of DuPont Pharmaceuticals of North Billerica, MA. New York City-based Bristol-Myers Squibb initiated the purchase as part of a growth strategy that emphasizes its medicines business, according to the firm. BMS expects the transaction will be accretive to its earnings per share in 2003.

By AuntMinnie.com staff writers
October 4, 2001

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