Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

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3:59 PM EDT

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To: richardred who wrote (3894)	5/6/2015 9:31:20 AM
From: richardred	of 6657

What a premium for a company with no products on the market. Alexion Pharma to pay $8.4 billion for Synageva BioPharma Alexion Pharmaceuticals will pay a huge premium to buy fellow rare disease treatment maker Synageva BioPharma in an $8.4-billion deal for a company with no products on the market. Shares of Synageva more than doubled in value before markets opened Wednesday and after Alexion said it will pay $115 in cash and a portion of its stock for each Synageva share. That puts the total per-share price at about $226, based on the Tuesday closing price of Alexion shares. That's a premium of about 136 percent to the $95.87 closing price Tuesday of Synageva BioPharma Corp. shares. finance.yahoo.com

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