Scalper1 News
Horizon Pharma (HZNP) stock rose while Depomed (DEPO) fell Friday morning after a court ruling led Horizon to abandon its hostile pursuit of its fellow specialty drugmaker. Horizon announced late Thursday that it was withdrawing its all-stock offer after a California court granted Depomed’s motion for injunctive relief based on what Depomed said was Horizon’s misuse of confidential information. The court conversely refused to grant Horizon Scalper1 News
Scalper1 News