Posts Tagged ‘King Pharma’

Alpharma: Above Buyout Premium on Exponential Volume (ALO, KG)

Alpharma inc. (NYSE: ALO) isn’t exactly your run of the mill “most active” stock, but it is this morning.  King Pharmaceuticals (NYSE: KG) has offered to buy the drug company in a $1.4 Billion buyout valuing the company at $33.00 in cash per share.  Shares are already up over that level at $34.20 after ten [...]