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GSK - Surface Oncology hires bankers to explore sale - StreetInsider
GlaxoSmithKline PLC
Surface Oncology ([[SURF]], +16%) is climbing sharply on a report that its exploring a sale.The company received a takeover approach from GlaxoSmithKline ([[GSK]], -0.1%) and has hired an investment bank, StreetInsider reports.Surface Oncology wants bankers to look for any other possible M&A interest beyond GSK, StreetInsider says.Bristol-Myers ([[BMY]], -0.2%) paid a 60% premium when it agreed to buy MyoKardia.Shares of Surface have more than tripled in the last six months.