The following corporate finance-related stories were reported by media: * Foxconn Technology Group will decide in October whether to proceed with a planned $1 billion manufacturing project in Indonesia after a new government takes office, a company source said on Thursday.* Allergan Inc approached Shire Plc in recent months about a possible takeover but was rebuffed, according to people familiar with the matter, in the latest example of a U.S. drugmaker seeking to purchase an overseas rival to lower its tax rate.
Allergan, Inc. is a multi-specialty health care Company focused on developing and commercializing pharmaceuticals, biologics, medical devices and over-the-counter products. Shares of AGN traded higher by 0.58% or $0.96/share to $166.61. In the past year, the shares have traded as low as $81.33 and as high as $167.04. On average, 3719860 shares of AGN exchange hands on a given day and today's volume is recorded at 7174835.
Source