Sanofi Urges Medivation to Join Talks on $9.3 Billion Offer

  • French drugmaker says it has support from Medivation investors
  • Takeover bid could be revised if talks proceed, Sanofi says

Sanofi urged Medivation Inc. to engage in negotiations regarding its unsolicited $9.3 billion takeover offer, threatening to go directly to shareholders if talks don’t begin.

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