The following corporate finance-related stories were reported by media: * Allergan Inc is close to a takeover deal worth up to $65.5 billion by Actavis Plc, one that could end months of pursuit by Canada's Valeant Pharmaceuticals and William Ackman's hedge fund, Pershing Square Capital Management, according to a person familiar with the matter.* Negotiations between Hasbro Inc and DreamWorks Animation SKG Inc have been hampered by issues regarding the structure of the combined company, according to a person familiar with the matter.
Shares of ACT traded higher by 0.89% or $2.14/share to $243.77. In the past year, the shares have traded as low as $156.40 and as high as $254.41. On average, 2179940 shares of ACT exchange hands on a given day and today's volume is recorded at 1836539.
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 1.24% or $2.44/share to $198.65. In the past year, the shares have traded as low as $94.98 and as high as $200.99. On average, 2296180 shares of AGN exchange hands on a given day and today's volume is recorded at 1430786.
DreamWorks Animation SKG, Inc. (DreamWorks Animation) is engaged in the development, production and exploitation of animated films and their associated characters in the worldwide theatrical, home entertainment, television, merchandising and licensing and other markets. Shares of DWA traded higher by 1.96% or $0.5/share to $26.02. In the past year, the shares have traded as low as $19.20 and as high as $36.01. On average, 1770100 shares of DWA exchange hands on a given day and today's volume is recorded at 2292011.
Hasbro, Inc., engaged in providing children?s and family leisure time products with a range of portfolio of brands and entertainment properties. Shares of HAS fell by 1.75% or $-0.96/share to $54.02. In the past year, the shares have traded as low as $47.48 and as high as $58.41. On average, 1113000 shares of HAS exchange hands on a given day and today's volume is recorded at 1886069.
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