Endo’s & Auxilium: When $2.2 Billion is Not Enough
September 17, 2014 at 11:33 AM EDT
Endo International (ENDP) announced that it had bid $2.2 billion to buy Auxilium Pharmaceuticals (AUXL), pricing it at $28.10 a share. MKM Partner’s Jon LeCroy doesn’t think that’s enough: Associated Press We assume that Auxilium is willing to sell itself but that Endo will need to pay more than $30.75, which is where the stock [...]
