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Eli Lilly Agrees to Buy ImClone Systems for $6.5 Billion

Oct. 6, 2008
Eli Lilly agreed to pay $6.5 billion for ImClone Systems, the biotechnology company that is controlled by Carl C. Icahn.
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Eli Lily to acquire ImClone Systems Inc.

INDIANAPOLIS, Oct. 6 (UPI) -- Eli Lilly and Co. said Monday it had reached an agreement to purchase New York's ImClone Systems Inc., a leading cancer-drug company, for $6.5 billion.

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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa