Akorn Inc fka AKRXQ

[Pro-Life]

After hours here was insane following this news:

Akorn Confirms Discussions with Fresenius Kabi
Date : 04/07/2017 @ 5:58PM

http://ih.advfn.com/p.php?pid=nmona&article=74298040&symbol=AKRX

Akorn, Inc. (Nasdaq:AKRX), a leading specialty generic pharmaceutical company, today confirmed that Akorn is currently in discussions with Fresenius Kabi, a subsidiary of Fresenius SE & Co. KGaA (FWB:FRE), concerning a potential acquisition of Akorn.

Entry into a formal agreement with respect to a transaction remains subject to, among other things, approval by the Executive Board and Supervisory Board of Fresenius Management SE and the board of directors of Akorn.

There can be no assurance any transaction will result from these discussions, or as to the terms of any such transaction. Neither Fresenius SE & Co. KGaA nor Akorn intend to make any additional comments regarding these negotiations unless and until it is appropriate to do so, or a formal agreement has been reached.

This would never be released w/o just cause...

http://fresenius-kabi.us

https://www.fresenius-kabi.com/sites/global/Pages/index.aspx