Spectrum Pharmaceuticals is poised to land another cancer drug with its planned acquisition of Westminster-based Allos Therapeutics Inc. for up to $206 million cash, plus additional consideration if certain milestones are met, as prospects weakened for one of its own cancer drugs.
Dutch retailer Ahold said it will buy Dutch online retailer bol.com for EUR350 million in cash. The Ahold-Bol merger is expected to give Ahold a platform, scale and expertise needed to increase its growth in online retailing.
Apache Corporation’s access to the 254,000 acres of potential energy reserves in the Granite Wash, has received billions of dollars in investment in recent years. This area is also known for its shale formations. Well shale formations are sedimentary rocks from which hard-to-recover natural gas and oil can be extracted using fracking technology.