July 01, 2013 at 13:23 PM EDT
Onyx Rejects Amgen Offer

Onyx Pharmaceuticals Inc. (Nasdaq: ONXX) rejected an unsolicited acquisition offer of $120 per share from Amgen (Nasdaq: AMGN). Shares of Onyx leaped $43.50 to $130.29 while Amgen stock edged up 23 cents to $98.89.


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