Scalper1 News
U.S. specialty drugmaker Auxilium Pharmaceuticals (AUXL) said Thursday that it will acquire ophthalmology firm QLT (QLTI) in a stock swap and relocate to QLT’s home in Canada. Auxilium stock was up a fraction Thursday morning in heavy trading on the stock market, while QLT’s much cheaper stock jumped 18% to near 6.40. Auxilium shareholders will get 3.14 shares of QLT for each share of Auxilium owned, the companies said. They said that represented Scalper1 News
Scalper1 News