Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / AGN - Allergan: Don't Ring The Bell Yet


AGN - Allergan: Don't Ring The Bell Yet

Since the post-deal lows of $114, Allergan (AGN) is up over 60%. The deal hasn't boosted AbbVie (ABBV) to similar levels, but now isn't the time to cash out of Allergan and shift into the very cheap AbbVie. My investment thesis remains bullish on holding Allergan into the deal close and staying around for AbbVie shares.

Image Source

Solid Merger Arbitrage Left

The official deal involves AbbVie offering an original price of $188.24 per share to acquire Allergan that had dipped to $115. The offer price to Allergan shareholders is $120.30

Read more ...

Stock Information

Company Name: Allergan plc
Stock Symbol: AGN
Market: NYSE
Website: allergan.com

Menu

AGN AGN Quote AGN Short AGN News AGN Articles AGN Message Board
Get AGN Alerts

News, Short Squeeze, Breakout and More Instantly...