Radius Health (RDUS) Ticks Higher on Rumors

August 19, 2016 7:45 AM EDT

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(Updated - August 19, 2016 7:52 AM EDT)

Radius Health (NASDAQ: RDUS) gained pre-market Friday on rumors involving interest from Shire plc (NASDAQ: SHPG). The Financial Times was the source of the chatter.

According to traders, Shire may have made a formal offer for Radius that valued it at around $3.6 billion, said the report.

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