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Monday, January 09, 2017 2:04:29 PM
Mars is buying the pet health care company VCA in a deal valued at around $7.7 billion.
Mars will pay $93 for each share of VCA Inc. That's a 31 percent premium to the Los Angeles company's Friday closing price of $70.77.
The companies said Monday that the deal also includes $1.4 billion in debt.
VCA's stock is surging more than 28 percent before the opening bell.
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ADXS has both Vet AND Human constructs well underway!! Yet, you'd never know it by looking at the currently absurdly undervalued MC.
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