ViroPharma (VPHM) Could Draw 50% Premium in Takeover

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Deutsche Bank Cuts ViroPharma (VPHM) to Hold; Takeout Premium Reflected in Price

September 19, 2013 7:28 AM EDT

Deutsche Bank downgraded ViroPharma (NASDAQ: VPHM) from Buy to Hold with a price target of $43.00 (from $38.00). Analyst Robyn Karnauskas thinks the stock's current price reflects most of the M&A takeout premium.

"Press sources on 9/13 (Bloomberg) stated that Viropharma has hired... More

UPDATE: ViroPharma Inc. (VPHM) Hires Goldman to Explore Sale - Bloomberg

September 13, 2013 1:00 PM EDT

(Updated - September 13, 2013 1:08 PM EDT)

ViroPharma Inc. (Nasdaq: VPHM) has attracted takeover interest from Sanofi (NYSE: SNY) and Shire (NYSE: SHPG), according to Bloomberg sources. The company has hired Goldman Sachs to manage a potential auction, and the Bank has is seeking other bidders.... More