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Friday, November 15, 2019

Qiagen shares halted pending news

The NYSE has suspended trading in QIAGEN (QGEN +0.3%) pending the release of news. Thermo Fisher Scientific (TMO +1.7%) is rumored to be a suitor.
Update: In a statement, the company says it has received several conditional “non-binding indications of interest” and has begun the process of reviewing strategic alternatives, including talks with interested parties.
Update: Shares resumed trading at ~3:39 pm ET and are up 9% approaching the close.

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