The chief executive of pharmaceutical company Shire failed to comment on Thursday on any takeover interest the company may have received, saying he could not talk about the specifics of the "M&A frenzy" gripping the sector. Allergan Inc, the botox maker, is preparing a takeover approach for Dublin-based Shire, Reuters reported on Tuesday.
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 0.13% or $0.21/share to $165.84. In the past year, the shares have traded as low as $81.33 and as high as $169.29. On average, 3933970 shares of AGN exchange hands on a given day and today's volume is recorded at 3468351.
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