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Friday, January 24, 2020

Achillion +15.7% after FTC deal clearance

Achillion Pharmaceuticals (NASDAQ:ACHN) is up 15.7% in robust postmarket action after the Federal Trade Commission granted early termination of the HSR waiting period in its acquisition by Alexion Pharmaceuticals (NASDAQ:ALXN).
Achillion shareholders voted to adopt the deal – a $6.30/share bid – at a special meeting on Dec. 19.
https://seekingalpha.com/news/3534513-achillionplus-15_7-after-ftc-deal-clearance

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