Allergan's (AGN) Tobira (TBRA) Deal Highlights Intercept (ICPT) and NASH Opportunity - Baird
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Biotech Investors Look for Next Jackpot After Tobira (TBRA) Acquired at up to a 1650% Premium
September 20, 2016 10:20 AM EDTBiotech investors are used to wild swings in stocks they own but even the stomach-hardened group were aflutter this morning after Allergan (NYSE: AGN) continued its post generic-sale buying spree by acquiring tiny NASH company Tobira Therapeutics (NASDAQ: TBRA) for up to a 1650% premium.
Closing a $4.74 per share on Monday, Allergan agreed to acquire... More
NASH Stocks on Watch after Allergan Acquires Tobira at Massive Premium
September 20, 2016 8:12 AM EDTA number of NASH stock are seeing upside after Allergan plc (NYSE: AGN) agreed to acquire Tobira Therapeutics, Inc. (NASDAQ: TBRA) for an upfront payment of $28.35 per share, in cash, and up to $49.84 per share in Contingent Value Rights (CVRs).... More
