Rumors swirled that Sanofi (NYSE: SNY) offered to acquire Flexion Therapeutics Inc. (Nasdaq: FLXN). Shares of Flexion Therapeutics leaped $6.57 to close at $26.25 while Sanofi stock eased 16 cents to close at $44.51.
Acquisition rumors lift Flexion Therapeutics
March 23, 2017 at 17:19 PM EDT