Amylin (AMLN) Shares Jump as Bids Due Today, Sanofi (SNY), Merck (MRK) Said to Make First-Round Bids

May 25, 2012 2:01 PM EDT
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Shares of Amylin (Nasdaq: AMLN) are on the move over the last minute of trade as Bloomberg is reporting the company has received first-round bids from Sanofi (NYSE: SNY) and Merck (NYSE: MRK). Offers are rumored to be due today. Takeda and Bristol-Myers (NYSE: BMY) are also said to be planning bids for Amylin.

Amylin shares last traded at $27.01.

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