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Published online 25 June 2008 | Nature 453, 1149 (2008) | doi:10.1038/4531149a
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Biogen fights takeover bid
Board members reject billionaire's plans.
The latest chapter in the battle over Biogen Idec, a prominent US biotechnology firm, ended last week when shareholders rejected billionaire investor Carl Icahn's bid to oust three members of the company's board of directors. The decision was a clear defeat for Icahn's plan to gain control of the company, which is based in Cambridge, Massachusetts, and a victory in Biogen's struggle to remain independent.
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