Akorn (AKRX) option implied volatility elevated into Judge rules Fresenius (FRNUY) can pull out of takeover
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Akorn (NASDAQ: AKRX) October weekly call option implied volatility is at 355, October is at 233, November is at 233; compared to its 52-week range of 13 to 246 into Delaware Chancery Court Judge Travis Laster ruled that Fresenius (FSNUY) has proper grounds for canceling its $34 per share buyout of the generic drugmaker.
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