Cantor Fitzgerald Upgrades Endo Health (ENDP) to Hold
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Piper Jaffray Upgrades Endo Pharmaceuticals Holdings Inc (ENDP) to Overweight
October 10, 2014 6:48 AM EDTPiper Jaffray upgraded Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP) from Neutral to Overweight with a price target of $84.00 (from $70.00) following the deal to acquire Auxilium (NASDAQ: AUXL).
Analyst David Amsellem commented, "We believe that the addition of AUXL... More
Endo Int'l (ENDP) to Acquire Auxilium (AUXL) in $2.6B Deal
October 9, 2014 6:31 AM EDTEndo Int'l (NASDAQ: ENDP) and Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL) announced that they have entered into a definitive agreement under which Endo will acquire all of the outstanding shares of common stock of Auxilium for a per share consideration of $33.25 in a cash and stock transaction. The boards of directors of both companies have unanimously approved the transaction, which is valued at $2.6 billion, including the repayment and assumption of debt. The transaction will include an election mechanism for Auxilium stockholders to elect cash and stock, all-stock or all-cash... More
