Allergan (AGN) to Acquire Tobira Therapeutics (TBRA) for $28.35/Share in Cash and up to $49.84 in CVRs
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Tobira (TBRA) Large Shareholder Pentwater Buys, Not Sells Following Allergan Deal
September 22, 2016 5:02 PM EDTIn an interestingly development, large Tobira Therapeutics (NASDAQ: TBRA) shareholder Pentwater Capital did not cash out following the 733% surge in the stock after the acquisition announcement by Allergan (NYSE: AGN). Instead, the firm has added to its position.
The... More
Cantor Fitzgerald Downgrades Tobira Therapeutics (TBRA) to Hold Following Takeover
September 21, 2016 9:12 AM EDTCantor Fitzgerald downgraded Tobira Therapeutics (NASDAQ: TBRA) from Buy to Hold with a price target of $42.00 (from $19.00) after the company agreed to be acquired by Allergan.
For an analyst ratings summary and ratings history on Tobira Therapeutics... More
Allergan (AGN) is on A Major Buying Spree... And It's Just Getting Started
September 20, 2016 4:46 PM EDTAllergan (NYSE: AGN) is wasting little time spending the $29 billion in net cash proceeds it received from the generics sale to Teva. The company has announced four deals since the start of September, including two in the last 12 hours:
09/06 - Allergan plc (NYSE: AGN) agreed to acquire RetroSense Therapeutics LLC, a private, clinical-stage biotechnology company focused on novel gene therapy approaches to restore... More