With a deadline looming, Takeda CEO Weber woos analysts for support of a Shire buyout
Shares of Shire surged a bit on Thursday as investors absorbed a series of analysts reports underscoring Takeda CEO Christophe Weber’s intent of pursuing a Shire takeover.
In a closed call with analysts — ensuring no reporters would be listening in — Weber insisted that Takeda could complete a takeout, raising its debt load but without hurting its dividend payments or investment grade rating. And he has some support among the analysts he’s wooing.
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