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Stock Market & Financial Investment News

News Breaks
April 17, 2014
09:21 EDTHITK, AKRXAkorn completes acquisition of Hi-Tech Pharmacal for $640M in cash
Akorn (AKRX) announced that it has completed its previously announced acquisition of Hi-Tech Pharmacal (HITK) for $640M in cash. The combination of Akorn and Hi-Tech will transform the company into a larger, more diversified generic player.
News For AKRX;HITK From The Last 14 Days
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June 19, 2015
08:56 EDTAKRXAkorn hacked, customer records stolen, CSO reports
Pharmaceutical company Akorn had its computer systems hacked and the perpetrator is ransoming the customer database, which includes more than 50,000 records, back to the company or threatening to sell the data to the highest bidder, reported CSO. When contacted for comment, Akorn confirmed the breach and stated that they were alerting customers and cooperating fully with law enforcement officials, including the DEA. "Although much of the information acquired is publicly available, we are in the process of notifying our valued customers about this incident," Akorn stated. Reference Link

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