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Stock Market & Financial Investment News

News Breaks
February 19, 2014
05:38 EDTFRX, ACTActavis expected to seek more deals, WSJ reports
Actavis's (ACT) move to pay $25B for Forest Labs (FRX) shows the company continues to have a strong desire for takeovers, reports the Wall Street Journal. A key consideration, sources say, was its desire to absorb more players in the fragmented generic- and specialty-pharmaceuticals industries. Actavis is paying for Forest with cash and stock in part to keep its leverage ratios low enough so that the newly merged company has the firepower to make additional acquisitions as soon as the deal closes in the next three-to-four months, sources added. Reference Link
News For ACT;FRX From The Last 14 Days
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August 31, 2015
10:43 EDTFRXOptions with decreasing implied volatility
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