Amgen-Horizon deal TRO extended to Oct 31; FTC injunction hearing set Sept 11

AMGEN INC

Court granted revised stipulated TRO extending the block on closing to Oct 31, 2023 or 2 business days after ruling on FTC injunction.
Evidentiary hearing on FTC's request for preliminary injunction scheduled to begin Sept 11, 2023.
If court denies FTC's injunction, Amgen expects the acquisition could close by mid-December 2023.
FTC filed complaint May 16 seeking to enjoin the acquisition; initial TRO was set to expire Sept 15.

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