The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:** Johnson & Johnson agreed to pay $1.75 billion in cash to purchase privately held Alios BioPharma Inc, which is developing a drug for a common respiratory viral infection in children for which there is no approved treatment.
Johnson & Johnson is a holding company. The Company is engaged in the research and development, manufacture and sale of a broad range of products in the health care field. Shares of JNJ traded higher by 0.05% or $0.05/share to $106.59. In the past year, the shares have traded as low as $85.50 and as high as $108.77. On average, 6244570 shares of JNJ exchange hands on a given day and today's volume is recorded at 6526034.
Childrens Place Inc.(Children's Place), formerly The Children's Place Retail Stores, Inc. Shares of PLCE fell by 2.32% or $-1.13/share to $47.66. In the past year, the shares have traded as low as $44.54 and as high as $58.74. On average, 370161 shares of PLCE exchange hands on a given day and today's volume is recorded at 247671.
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