Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, May 12, 2014

Market Chatter- Corporate finance press digest, (NYSE: AGN)

The following corporate finance-related stories were reported by media: * Private equity firm Clayton Dubilier & Rice (CD&R) has agreed a deal to purchase Germany-based packaging group Mauser from Dubai International Capital (DIC) for around 1.25 billion euros ($1.72 billion), two sources familiar with the matter said on Sunday.* U.S. medical firm Allergan Inc failed to comment on Sunday on a report that it has been seeking offers from rival companies to combat Valeant Pharmaceuticals International's $47 billion cash and share offer.

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 fell by 1.3% or $-2.13/share to $161.30. In the past year, the shares have traded as low as $81.33 and as high as $170.05. On average, 3978680 shares of AGN exchange hands on a given day and today's volume is recorded at 4569150.



Source