Stock Market & Financial Investment News

News Breaks February 7, 2013 06:31 EDT ALXN Alexion recommends rejection of mini-tender offer by TRC Capital Alexion has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 1.5M shares, or approximately 0.77%, of the outstanding Alexion common stock at a price of $90.50 per share. TRC's offer price represents approximately a 5.06% discount to the closing price of Alexion common stock on February 5. Alexion does not endorse TRC's offer and recommends that shareholders reject the offer and do not tender their shares. Alexion urges shareholders considering TRC's offer to obtain current market quotations for their shares, review the conditions to the offer, consult with their broker or financial adviser and exercise caution with respect to TRC's offer. Alexion is not associated in any way with TRC, its mini-tender offer or the offer documentation. News For ALXN From The Last 14 Days Check below for free stories on ALXN the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 19, 2013 10:46 EDT ALXN Alexion mentioned as possible target for Roche in London Times Reference Link June 18, 2013 08:36 EDT ALXN Elan shares could be worh $19 in a buyout, says Jefferies Jefferies raised its price target for shares of Elan (ELN) to $19 from $14, reflecting what it sees as the value of the company in a takeout scenario. The firm says Elan management suggested they would be open to sale in the $15-$20 per share range. Jefferies believes a high taxpaying suitor could pay the upper end of that range, and lists Allergan (AGN), Regeneron (REGN), Vertex (VRTX), Alexion (ALXN), Zoetis (ZTS), Mylan (MYL) and Perrigo (PRGO) as potential acquirers for Elan. Shares of Elan are up 13c to $13.62 in pre-market trading after Royalty Pharma announced that its buyout proposal for the company has expired. June 10, 2013 14:38 EDT ALXN Alexion: Will not present at William Blair conference due to schedule conflict Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.