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An AstraZeneca, Bristol Myers Squibb merger could create a cancer-drug giant, but analysts call it ‘odd’

Reported by MarketWatch · marketwatch.com · August 3, 2026

AstraZeneca shares were slumping while Bristol-Myers Squibb’s stock was jumping on Monday on reported deal talks. But the big question is why these two pharmaceutical giants would want to come togethe

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What the tape says

What to watch: Bristol-Myers Squibb Co. (BMY) is involved in M&A activity — deal terms and financing structure matter more than the headline here.

Market reaction today: $BMY +0.40%

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