24Business

Sage Sues Biogen Over $469M Buyout Offer: Report (BIIB:NASDAQ)


Veronique D

Sage therapeutics (NASDAQ:SAGE) is allegedly suing Biogen (NASDAQ:BIIB) due to the implementation of a standstill agreement following an unsolicited takeover bid valued at approximately $469 million.

The entire lawsuit, which was filed in Delaware court, is sealed. A court filing from Sage (



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