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UPDATE: Quest Diagnostics (DGX) Trading Paused for Volatility Following Market Chatter

May 22, 2015 10:34 AM EDT

(Updated - May 22, 2015 10:36 AM EDT)

Quest Diagnostics (NYSE: DGX) trading paused for volatility.

UPDATE - Shares were halted after surging 11 percent.

Reports on Friday morning speculated that the company might be subject to takeover interest.

Speculation has Quest Diagnostics hiring Goldman Sachs to explore a sale after receiving a $95 per share approach from an unidentified suitor. Multiple firms are said interested in the company.

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