InvestorsHub Logo
Post# of 251939
Next 10
Followers 829
Posts 119690
Boards Moderated 16
Alias Born 09/05/2002

Re: DewDiligence post# 187068

Thursday, 02/05/2015 10:08:07 AM

Thursday, February 05, 2015 10:08:07 AM

Post# of 251939
AZN buys US/Canada respiratory business from ACT for $600M in cash:

http://finance.yahoo.com/news/astrazeneca-buy-actavis-lung-drugs-071908968.html

It’s rare to see a roll-up company such as ACT selling a business; perhaps this is a preemptive move to spearhead yet another acquisition.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.