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Stock Market & Financial Investment News

News Breaks
June 5, 2014
08:16 EDTSHPG, NPSPShire's takeover defense may be own quest for deals, Bloomberg says
Shire (SHPG)'s optimum defense against becoming a takeover target may be to go on its own quest for deals now that drugmakers are looking for agreements now more than ever, reported Bloomberg. Shire's potential bid for NPS Pharmaceuticals (NPSP) propelled the firm's shares up 20% last week. Reference Link
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August 27, 2014
17:49 EDTSHPGGSK, Shire rumored to be interested in Tekmira, Daily Mail says
GlaxoSmithKline (GSK) and Shire (SHPG) are rumored to be interested in a bid for Tekmira (TKMR), reports Daily Mail. Tekmira could be a value to potential suitors, capitalized at approximately GBP 400M and the company could cost over GBP 1B in a takeover, Daily Mail adds. Reference Link

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