Scalper1 News
Specialty drugmaker Auxilium Pharmaceuticals (AUXL) adopted a poison-pill provision Wednesday to fend off a possible hostile bid from Endo International (ENDP), the morning after Endo announced an unsolicited $2.2 billion bid for Auxilium. Nonetheless, Auxilium said that it would review the offer, which comes to 28.10 a share, and the market certainly seemed to be rooting for it: Auxilium stock jumped 42% to a six-month high on the stock market Scalper1 News
Scalper1 News