Tobira Therapeutics Inc. (Nasdaq: TBRA) will be acquired by Allergan (NYSE: AGN) in a deal valued at approximately $1.7 billion. Shares of Tobira rocketed $34.17 to close at $38.91 while Allergan stock tumbled $6.62 to close at $238.67.
Allegan to buy Tobira Therapeutics
September 20, 2016 at 19:19 PM EDT