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Wednesday, September 17, 2014

Deals of the day- Mergers and acquisitions, (NASDAQ: AUXL), (TSE: QLT.TO), (NASDAQ: QLTI)

The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday: ** Endo International Plc made an unsolicited offer to purchase Auxilium Pharmaceuticals Inc for about $2.2 billion, which analysts said could complicate Auxilium's takeover of Canadian eye drug maker QLT Inc .** New York-based media and Internet company IAC/Interactive Corp has offered to buy Israel-based Perion Network , an Israeli financial news website said. Israel's Calcalist, quoting unnamed market sources, said IAC has offered more than $500 million for Perion.

Auxilium Pharmaceuticals, Inc. is a specialty biopharmaceutical company focuses on developing and marketing products to predominantly specialist audiences. Shares of AUXL fell by 1.56% or $-0.34/share to $21.52. In the past year, the shares have traded as low as $16.36 and as high as $32.89. On average, 1236480 shares of AUXL exchange hands on a given day and today's volume is recorded at 1194574.

QLT Inc., is a biotechnology company. The Company is engaged in the development and commercialization of ocular products. Shares of QLT fell by 1.58% or $-0.11/share to $6.85. In the past year, the shares have traded as low as $4.33 and as high as $7.90. On average, 4995 shares of QLT.TO exchange hands on a given day and today's volume is recorded at 835.

QLT Inc., is a biotechnology company. The Company is engaged in the development and commercialization of ocular products. Shares of QLTI fell by 1.74% or $-0.11/share to $6.20. In the past year, the shares have traded as low as $4.16 and as high as $7.10. On average, 180472 shares of QLTI exchange hands on a given day and today's volume is recorded at 26335.



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