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Stock Market & Financial Investment News

News Breaks
June 20, 2014
11:29 EDTAKRX, ACTFTC approves settlement with Akorn over Hi-Tech Pharmacal acquisition
The Federal Trade Commission has approved a final order settling charges that Akorn Enterprises’ (AKRX) $640M acquisition of Hi-Tech Pharmacal was anticompetitive and would lead to higher prices for consumers in several current and future generic drug markets. The final order settling the FTC’s charges requires the parties to sell either Akorn’s or Hi-Tech’s rights and assets to each of five drug products to Watson Laboratories (ACT) and required Akorn to assign Watson its contract for making a currently available branded and generic topical anesthetic cream within 10 days after the deal is completed. Reference Link
News For AKRX;ACT From The Last 14 Days
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July 23, 2014
10:02 EDTACTOn The Fly: Analyst Initiation Summary
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08:10 EDTACTDeutsche Bank hosts an analyst Specialty Pharma/Industry conference call
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July 22, 2014
16:09 EDTACTActavis initiated with a Buy at Deutsche Bank
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July 21, 2014
16:36 EDTACTActavis and Medicines360 announce FDA acceptance of Levosert NDA
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