Information Provided By:
Fly News Breaks for April 19, 2018
SHPG, AGN
Apr 19, 2018 | 16:24 EDT
Wells Fargo analyst David Maris believes Allergan (AGN) investors will be "both relieved and confused" by the company's announcement that it was considering a bid for Shire (SHPG) being following approximately four hours later by another announcement saying that it does not intend to make an offer for Shire. After catching up with Allergan, Maris does not think the turn of events reflects a confusion or flip-flopping, but rather was the result of disclosures required by UK takeover law, and "don't reflect anything other than Allergan being caught at a bad time." He maintains an Outperform rating on Allergan shares.
News For AGN;SHPG From the Last 2 Days
There are no results for your query AGN;SHPG