Akorn to Acquire Hi-Tech Pharmacal for $640M in Cash, $43.50/Share
August 27, 2013 at 07:02 AM EDT
Akorn, Inc. (NASDAQ: AKRX ) and Hi-Tech Pharmacal Co., Inc. (NASDAQ: HITK ) today announced that they have entered into a definitive agreement under which Akorn will acquire Hi-Tech for $640 million in cash.
