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7 Top M&A Highlights of Q3

Mergers & acquisitions took off in the third quarter with some eye-popping and historic buyouts

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Amgen 185One of the quarter’s largest deals went down in the biotechnology sector. Amgen (AMGN), the largest biotech company by sales, scooped up smaller rival Onyx Pharmaceuticals (ONXX) for $10.4 billion.

Onyx specializes in cancer-fighting drugs, and that’s what piqued Amgen’s interest — especially Kyprolis, a therapy for multiple myeloma.

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