Savient Pharmaceuticals (SVNT) Sees Upside

August 13, 2012 10:05 AM EDT Send to a Friend
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Savient Pharmaceuticals, Inc. (Nasdaq: SVNT) is seeing upside early Monday on renewed takeover speculation. Last week, the company adopted a rights planto protect against unwanted takeover bids.

Shares of SVNT last traded at $0.93, up 17 percent.


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