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 [...]
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