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CELGENE CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Merger

January 4, 2019

WILMINGTON, Del.--(BUSINESS WIRE)--Jan 4, 2019--Rigrodsky & Long, P.A.:

Do you own shares of Celgene Corporation (NASDAQ GS: )? Did you purchase any of your shares prior to January 3, 2019? Do you think the proposed merger is fair? Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Celgene Corporation (“Celgene” or the “Company”) (NASDAQ GS: CELG ) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with Bristol-Myers Squibb Company (“Bristol-Myers”) (NYSE: BMY ) in a transaction valued at approximately $74 billion. Under the terms of the agreement, shareholders of Celgene will receive 1.0 Bristol-Myers Squibb share and $50.00 in cash for each share of Celgene common stock. Celgene shareholders will also receive one tradeable Contingent Value Right (CVR) for each share of Celgene, which will entitle the holder to receive a payment for the achievement of future regulatory milestones.

If you own common stock of Celgene and purchased any shares before January 3, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005455/en/

CONTACT: Rigrodsky & Long, P.A.

Seth D. Rigrodsky

Gina M. Serra

(888) 969-4242

(302) 295-5310

Fax: (302) 654-7530

info@rl-legal.com

http://www.rigrodskylong.com

KEYWORD: UNITED STATES NORTH AMERICA DELAWARE NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Rigrodsky & Long, P.A.

Copyright Business Wire 2019.

PUB: 01/04/2019 01:46 PM/DISC: 01/04/2019 01:46 PM

http://www.businesswire.com/news/home/20190104005455/en

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