Endo's (ENDP) $2.2B Bid Undervalues Auxilium (AUXL) - Aegis Capital

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Goldman Sachs Downgrades Auxilium Pharmaceuticals (AUXL) to Neutral

September 19, 2014 7:29 AM EDT

Goldman Sachs downgraded Auxilium Pharmaceuticals (NASDAQ: AUXL) from Buy to Neutral.

Analyst Gary Nachman said, "We downgrade AUXL to Neutral from Buy after ENDPs 9/16 offer to acquire AUXL for $28.10/share,... More

UBS Downgrades Auxilium Pharmaceuticals (AUXL) to Neutral

September 19, 2014 7:27 AM EDT

UBS downgraded Auxilium Pharmaceuticals (NASDAQ: AUXL) from Buy to Neutral.

For an analyst ratings summary and ratings history on Auxilium Pharmaceuticals click here. For more ratings news on Auxilium Pharmaceuticals click here.

Shares of Auxilium Pharmaceuticals closed at $31.12 yesterday.

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Auxilium (AUXL) Could Be Worth Up to $45/Share in a Potential Takeover - Jefferies

September 17, 2014 7:39 AM EDT

Jefferies analyst Thomas Wei weighed in on Auxilium Pharmaceuticals (NASDAQ: AUXL) after Endo offered to acquire the company for $28.10 per share. Wei sees more... More

QLT, Inc. (QLTI) Comments on Auxilium Pharmaceuticals (AUXL) Takeover Approach by Endo

September 17, 2014 7:11 AM EDT

QLT, Inc. (NASDAQ: QLTI) announces that it has been advised by Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL) that Auxilium has received an unsolicited offer from Endo International plc to... More

Auxilium Pharma (AUXL) to Review Endo (ENDP) Bid; Adopts Poison Pill Provision

September 17, 2014 7:01 AM EDT

Auxilium Pharma (NASDAQ: AUXL) confirmed that Auxilium has received an unsolicited, non-binding proposal from Endo International plc (NASDAQ: ENDP) to acquire all of the outstanding shares of Auxilium common stock at a price of $28.10 per share in cash and Endo stock, subject to due diligence, financing and other conditions. A copy of the unsolicited, non-binding proposal that Auxilium received from Endo on Friday evening is reproduced below. Click here to view the letter.

Consistent with its fiduciary duties and in accordance with its existing merger agreement with QLT... More

Endo (ENDP) Makes $28.10/Share Bid for Auxilium Pharma (AUXL)

September 16, 2014 4:45 PM EDT

Endo International plc (Nasdaq: ENDP) announced that it has delivered a proposal to acquire all of the outstanding shares of Auxilium Pharmaceuticals, Inc. (Nasdaq: AUXL) for a per share consideration of $28.10 in a cash and stock transaction valued at $2.2 billion.

Endo's proposal represents a premium of 31% to Auxilium's closing price on September 16, 2014 and a 40% premium to the average closing price of Auxilium shares for the previous 30 days. Under the terms of the proposal, the consideration would include an approximately equal mix of cash and Endo... More