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Wednesday, March 11, 2015

Deals of the day- Mergers and acquisitions, (NMS: ENDP), (TOR: ENL.TO), (NMS: SLXP), (NYQ: VRX), (TOR: VRX.TO)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:** Endo International Plc offered to purchase Salix Pharmaceuticals Ltd for about $11 billion in cash and stock, trumping an agreed bid by Canada's Valeant Pharmaceuticals International Inc.** Barcode-printer maker Domino Printing Sciences Plc said it agreed to be bought by Japan's Brother Industries Ltd for about 1.03 billion pounds ($1.55 billion).

Shares of ENDP fell by 1.39% or $-1.24/share to $87.76. In the past year, the shares have traded as low as $53.62 and as high as $92.80. On average, 2766350 shares of ENDP exchange hands on a given day and today's volume is recorded at 11302334.

Shares of ENL traded higher by 3.43% or $3.77/share to $113.77. In the past year, the shares have traded as low as $59.50 and as high as $115.00. On average, 914 shares of ENL.TO exchange hands on a given day and today's volume is recorded at 531.

Salix Pharmaceuticals, Ltd. is a specialty pharmaceutical company engaged in the prevention and treatment of gastrointestinal (GI) disorders. Shares of SLXP traded higher by 6.95% or $10.95/share to $168.60. In the past year, the shares have traded as low as $86.00 and as high as $172.98. On average, 2604540 shares of SLXP exchange hands on a given day and today's volume is recorded at 17224535.

Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX fell by 3.86% or $-7.77/share to $193.71. In the past year, the shares have traded as low as $106.00 and as high as $206.84. On average, 2856730 shares of VRX exchange hands on a given day and today's volume is recorded at 12133653.

Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX fell by 3.11% or $-7.94/share to $247.51. In the past year, the shares have traded as low as $116.01 and as high as $263.91. On average, 413188 shares of VRX.TO exchange hands on a given day and today's volume is recorded at 777783.



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