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dDT

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dDT

Re: None

Thursday, 10/09/2014 6:55:52 AM

Thursday, October 09, 2014 6:55:52 AM

Post# of 53906
Auxilium agrees to sale to Endo for $2.6B

The stock and cash deal works out to a price of $33.25 for each share of Auxilium (NASDAQ:AUXL) vs. last night's close of $29.76, and represents a 55% premium to AUXL's closing price on Sept. 16, the day Endo International (NASDAQ:ENDP) made public its purchase proposal.
Endo's earlier rejected bid had been for $2.2B.
Auxilium owners may elect to receive consideration of all stock (0.488 ENDP shares for each share of AUXL), or all cash, or an equal mix of stock and cash.

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