Alexion to buy Synageva

Alexion Pharmaceuticals Inc. (Nasdaq: ALXN) will pay a premium of approximately $8.4 billion in cash and stock to acquire Synageva BioPharma Corp. (Nasdaq: GEVA). Shares of Alexion plummeted $16.58 to $151.97 while Synageva stock more than doubled by leaping $109.11 to $204.98.


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