Amylin Stock Surges On Bristol-Myers Acquisition
Posted on July 02, 2012 at 11:10 AM EDT
Shares of Amylin Pharmaceuticals (AMLN) popped nearly 9% in early trading Monday, reacting to late Friday news that the biotech is being bought by Bristol-Myers Squibb (BMY) for $5 billion. The move brought Amylin's stock to its highest point in nearly four years, after it had already been inflated by a report that surfaced in March that Amylin had rejected a $3.5 billion bid from Bristol-Myers earlier this year. That news brought a lawsuit from
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here