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Company Statement: Bristol-Myers Squibb Proposes to Acquire ImClone Systems for $60.00 Per Share in Cash

( July 31, 2008, 14:10 GMT | Official Statement) -- ****************************************Offer Represents Approximately 30% Premium to the Closing Price of ImClone’s Stock on July 30, Approximately 40% Premium to the Average Share Price of ImClone Common Stock During the Most Recent One-Month Period and Premium in Excess of 40% for the Average Share Prices of ImClone Stock During the Most Recent Three-Month and 12-Month Periods...

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