SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (2193)7/22/2009 12:53:07 AM
From: richardred  Read Replies (1) | Respond to of 7254
 
LCI-Sold all shares yesterday for a tidy profit.



To: richardred who wrote (2193)1/24/2011 12:12:13 PM
From: richardred  Read Replies (1) | Respond to of 7254
 
Teva buys $3.95 million of Rexahn stock
Teva Pharmaceutical Industries buys $3.95 million in Rexahn Pharmaceuticals stock

On Thursday January 20, 2011, 5:05 pm EST

ROCKVILLE, Md. (AP) -- Rexahn Pharmaceuticals Inc. said Thursday that Teva Pharmaceutical Industries Ltd. bought $3.95 million of the company's stock in a private offering.

The investment gives Teva a 6.29 percent ownership stake in Rexahn, which is developing drugs for treating cancer and disorders of the central nervous system.

Rexahn said the investment will be used to fund research and development of a potential anti-cancer compound, RX-3117.

Teva, based in Israel, bought 2,334,515 shares at about $1.69 apiece, marking 39 percent premium to Rexahn's closing price on Wednesday.

Shares in Rexahn, which is based in Rockville, rose 12 cents, or 10 percent, to close Thursday at $1.34. The stock has traded between 65 cents and $3.68 over the last 52 weeks.
finance.yahoo.com



To: richardred who wrote (2193)4/8/2015 1:09:13 PM
From: richardred  Read Replies (1) | Respond to of 7254
 
I could only wish I held onto my original PRGO stake when I was Individual Investors. Somewhere in the 5 dollar range if I remember right. Early on at SI. PRGO was one of my SITT board favorites
Message 19275956
Message 25558673
Message 19441773

Mylan Proposes To Acquire Perrigo For $205 Per Share
.
POTTERS BAR, England, April 8, 2015 /PRNewswire/ -- Mylan N.V. ( NASDAQ: MYL) today announced that Mylan has made a proposal to acquire Perrigo Company plc ( NYSE: PRGO) in a cash-and-stock transaction that would create a diversified, global pharmaceutical leader with an unmatched commercial and operating platform and a unique, one-of-a-kind profile. The combination of these highly complementary businesses would produce a company with critical mass in specialty brands, generics, over-the-counter (OTC) and nutritional products; a powerful commercial platform with reach across all customer channels; an exceptional high-quality operating platform; and opportunities to generate enhanced growth and deliver significant immediate and long-term value and benefits for shareholders and the other stakeholders of both companies.

Under the terms of the non-binding proposal, which was delivered to Perrigo's Chairman on April 6, 2015, Perrigo shareholders would receive $205 in a combination of cash and Mylan stock for each Perrigo share, which represents a greater than 25% premium to the Perrigo trading price as of the close of business on Friday, April 3, 2015 (the last trading date prior to the date of Mylan's proposal), a greater than 29% premium to Perrigo's sixty-day average share price and a greater than 28% premium to Perrigo's ninety-day average share price.




markets.siliconinvestor.com