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Bio-Techne Is Today’s Top S&P 500 Stock. Germany’s Merck Is Paying a 24% Premium for the Company.
요약
Shares of Bio-Techne surged Thursday after Germany’s Merck KGaA announced it agreed to purchase the company for $11.3 billion. Bio-Techne stock jumped 19% to $70.25 on Thursday, leading the for the trading session and set to log its best daily percentage gain since May 1, 2003, according to Dow Jones Market Data. Merck KGaA plans to acquire Bio-Techne for $73 a share, according to the media release, representing a 24% premium based on the stock’s closing price from Wednesday.