Gilead Sciences of Foster City, Calif., announced on Nov. 21 its purchase of Pharmasset in Princeton for $10.4 billion. Gilead is being advised in the transaction by a team from Skadden, Arps, Slate, Meagher & Flom in New York, and Pharmasset by a team from Sullivan & Cromwell in New York. Both companies develop pharmaceuticals.
Storage Facility Sold for $18.35M
Storage real estate trust Extra Space Storage LLC of Salt Lake City announced on Nov. 14 it has paid $18.35 million for North Bergen Mini Storage LLC, a self-storage facility in North Bergen.
Dairyland Buses Inc. Acquired
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