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Why Shareholders Should Vote for Bristol-Myers Celgene Deal: Jim Cramer

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Bristol-Myers (BMY) - Get Bristol-Myers Squibb Company Report said the deal, which if first unveiled in early January, would mean give combined companies number one positions in oncology and cardiovascular drug sales, with a top five standing in immunology and inflammation and nine currency products with over $1 billion in sales. It also sees earnings and revenues growing every year through 2025 and an 8% improvement in margins from its 2018 base.

Starboard, for its part, opposes the deal, arguing Celgene (CELG) - Get Celgene Corporation Report is a company facing a "massive patent cliff" that will force it to replace some 60% of its revenues over the next seven years. It also thinks Celgene's drug pipeline is "extremely risky" and says the takeover proposal was too hastily put together.

Here's why Jim Cramer is a fan of the deal and why he believes that shareholders should vote for the deal, not against it. 

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