Warner Chilcott (WCRX) Shares Jump Amid Bayer $32/Share Takeover Rumor
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Shares of Warner Chilcott (Nasdaq: WCRX) rallied more than 30 percent in Friday's pre-market session following word from the London Times Bayer could be ready to make a $32 per share bid for the company.
Gains have been pared modestly as the opening bell approaches. The stock last traded at $20.30, up nearly 17 percent from Thursday's close.
Gains have been pared modestly as the opening bell approaches. The stock last traded at $20.30, up nearly 17 percent from Thursday's close.
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