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S&P 500
5,584.54
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-0.88%
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US TECH 100
19,682.40
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-2.17%
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Dow Jones
39,753.75
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57,452.29
(
-0.53%
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vinmantoo

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vinmantoo

Re: DewDiligence post# 248768

Saturday, 08/26/2023 4:05:34 PM

Saturday, August 26, 2023 4:05:34 PM

Post# of 252576

Re: AMGN-HZNP merger

The FTC has suspended its litigation against the merger and is apparently pursuing a settlement with AMGN:



SGEN closed at $199 as it has been edging up closer to the $229 buyout price agreed to by PFE. I saw the stock price jumped to $207 in after hours trading yesterday so the FTC move might explain it as fears of the PFE-SGEN deal getting blocked are easing.
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