Gilead Sciences to Acquire Triangle Pharmaceuticals for $464 Million.

Business Wire | December 4, 2002 | Copyright

Business Editors

FOSTER CITY, Calif. & DURHAM, N.C.--(BUSINESS WIRE)--Dec. 4, 2002

Gilead to Launch Coviracil(R) in 2003;

Will Develop Co-Formulation of Viread(R) and Coviracil

Gilead Sciences, Inc. (Nasdaq:GILD) and Triangle Pharmaceuticals, Inc. (Nasdaq:VIRS) today announced that they have signed a definitive agreement under which Gilead plans to acquire Triangle. The transaction has been structured as a two-step acquisition comprised of a cash tender offer for all of the outstanding Triangle common stock at $6.00 per share, followed by ...

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