Monday, April 28, 2014

The Motley Fool: For Forest Labs, Inc, Deals Are Coming Fast And Furiex

This is definitely a season of deals in the health care space, with Forest Labs (NYSE: FRX  ) choosing to add another asset to its GI business ahead of its anticipated merger with Actavis (NYSE: ACT  ) . Forest Labs is offering a significant premium for Furiex Pharmaceuticals (NASDAQ: FURX  ) and there are still FDA-related risks in play, but it seems like a reasonable offer for what could prove to be a highly synergistic asset.

Read the full article here:
For Forest Labs, Inc, Deals Are Coming Fast And Furiex

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