The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday: ** AMC Networks Inc, a U.S. media company that owns cable channels, is in talks to purchase a stake in BBC America, BBC Worldwide's U.S. channel, a source familiar with the matter told Reuters. BBC Worldwide will retain a small majority of BBC America if a deal with AMC goes through, the source said.** Swedish drug maker Meda AB said on Thursday it had agreed to buy Italy's Rottapharm, which this month pulled plans for a stock market flotation, for 21.2 billion crowns ($3.1 billion).
AMC Networks Inc. (AMC Networks) is a holding company and conducts substantially all of its operations through its subsidiaries. Shares of AMCX fell by 0.59% or $-0.36/share to $60.70. In the past year, the shares have traded as low as $53.99 and as high as $78.39. On average, 1055480 shares of AMCX exchange hands on a given day and today's volume is recorded at 77892.
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