Facet Biotech rejects buyout bid as 'inadequate' By: MarketWatch September 08, 2009 at 09:30 AM EDT Facet Biotech rejects an unsolicited buyout offer from research partner Biogen Idec, calling the $347 million bid âinadequate.â Read More >> Related Stocks: Biogen Idec Macy's Pdl Biopharma Inc