{"id":67854,"date":"2019-02-06T01:42:59","date_gmt":"2019-02-06T06:42:59","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=67854"},"modified":"2019-02-06T01:42:59","modified_gmt":"2019-02-06T06:42:59","slug":"bristol-myers-gains-after-starboard-takes-a-position","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2019\/bristol-myers-gains-after-starboard-takes-a-position.html","title":{"rendered":"Bristol-Myers Gains After Starboard Takes a Position"},"content":{"rendered":"<p>\n(Bloomberg) Shares of drugmaker Bristol-Myers Squibb Co. gained Monday, with acquisition target Celgene Corp. falling after activist hedge fund Starboard Value was said to have taken a stake in Bristol-Myers. The size of Starboard\u2019s stake and any plans that Jeff Smith\u2019s hedge fund might have for its investment in the $81 billion drugmaker couldn\u2019t immediately be learned when Bloomberg reported the position on Saturday, citing people familiar with the matter. Bristol-Myers shares declined last month after the New York-based drugmaker made a record $74 billion deal to buy Celgene.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-02-04\/bristol-myers-gains-after-starboard-is-said-to-take-a-position?srnd=technology-vp%EF%BB%BF\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Shares of drugmaker Bristol-Myers Squibb Co. gained Monday, with acquisition target Celgene Corp. falling after activist hedge fund Starboard Value was said to have taken a stake in Bristol-Myers. The size of Starboard\u2019s stake and any plans that Jeff [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67854","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=67854"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67854\/revisions"}],"predecessor-version":[{"id":67855,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67854\/revisions\/67855"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=67854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=67854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=67854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}