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Re: Double_Bagel post# 190884

Wednesday, 05/06/2015 9:59:44 AM

Wednesday, May 06, 2015 9:59:44 AM

Post# of 257437
ALXN acquires GEVA for $226/sh* in cash and stock:

http://finance.yahoo.com/news/alexion-acquire-synageva-strengthen-global-103900700.html

Alexion Pharmaceuticals, Inc. and Synageva BioPharma Corp. announced today that they have entered into a definitive agreement pursuant to which Alexion will acquire Synageva for consideration of $115 in cash and 0.6581 Alexion shares, for each share of Synageva…

The $226 figure, which is based on yesterday’s closing price of ALXN, is a 136% premium to GEVA’s closing price yesterday. The nominal deal value is $8.4B.

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