Monday, August 02, 2010 1:56:19 PM
http://seekingalpha.com/article/216334-china-biotech-in-review-pharma-ipos-raise-5-4-billion-in-12-months?source=yahoo
BMP Sunstone (NSDQ: BJGP) rose more than 10% on Monday on rumors that it would be acquired by a private firm (see story). According to published reports, the company will be bought for a price somewhere between $9 and $10, with an announcement espected in the next few days. The name of the suspected acquirer was not disclosed. Company officials refused to comment on the reports.
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