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MarketFoolery

Big Pharma’s Big Buy

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 28 August 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

Gilead Sciences buys Kite Pharma for $12 billion in cash. Kristine Harjes and Jason Moser analyze the deal and what it means for Gilead’s future. Plus, Uber gets a new CEO (courtesy of Expedia), Fitbit rolls out a new smartwatch, and Whole Foods is now selling....Amazon Echo speakers.

Transcript

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0:00.0

Support for market foolery comes from our friends at Rocket Mortgage by Quick and Loans. Home plays a big role in your life.

0:05.0

That's why Quick and Loans created Rocket Mortgage. It lets you apply simply and understand the entire mortgage process fully so you can be confident you're getting the right mortgage

0:13.6

for you. To get started go to rocket mortgage.com slash fool.

0:18.6

It's Monday August 28th welcome to Mark Ford. I'm for sale joining me in studio today,

0:24.0

for a million dollar portfolio on Jason Moser,

0:26.0

and from industry focus,

0:28.0

Christine Harges.

0:29.0

Happy Monday.

0:30.0

Hey Chris, happy Monday.

0:31.0

Hello, hello.

0:32.0

We're going to be talking big-time pharmaceuticals, which is why I went to Christine

0:37.2

first thing this morning and begged and pleaded with her to come beyond the show.

0:41.8

You know how much I hate listening,

0:43.2

or hate talking about pharmaceuticals.

0:44.8

I saw that, come across Twitter this morning

0:48.1

and I thought, hmm, I better start digging into this

0:51.2

because I have a couple of maybe sort of 50,000 foot

0:54.2

thoughts there but I'm really glad that Christine is here to sort of take this one

0:58.8

because it's nice to have an actual expert what they. Yeah, yeah.

1:03.0

That's how much I love the market forry listeners.

1:05.2

I went and got another host to come in and talk.

1:08.9

So we're going to talk Merger Monday.

...

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