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Sunday, 06/07/2015 2:08:23 PM

Sunday, June 07, 2015 2:08:23 PM

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$INO buyout potential news!!!

Inovio Pharmaceuticals advanced 3 per cent to $8.88 on industry gossip that leading pharma groups were sniffing around. Indeed, speculation is rife that GlaxoSmithKline, 26p cheaper at 1411.5p, has had an $18 (£11.70) a share cash offer already rejected by the Inovio board. With rivals Roche, Bristol Myers and Merck all believed to be interested, analysts reckon the eventual take-out price could be nearer $30 (£19.50) a share.

Source: http://www.dailymail.co.uk/money/markets/article-3111580/MARKET-REPORT-Healthy-Inovio-Pharmaceuticals-s-future.html
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