Amylin (AMLN) Shares Surge 50+% Amid Rumor Co. Rejected $3.5B Bid from Bristol (BMY)

March 28, 2012 9:23 AM EDT
Amylin (Nasdaq: AMLN) shares surged more than 50 percent following a Bloomberg headline suggesting the company rejected a $3.5 billion bid from Bristol-Myers (NYSE: BMY). The company's market cap as of yesterday's closing price was $2.27 billion.


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