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.
VIE - Horizon Therapeutics completes acquisition of Viela Bio
Viela Bio Inc.
Horizon Therapeutics (HZNP) announces that it has completed the acquisition of Viela Bio (VIE), a deal that valued the company at $3.05B.Horizon expects the deal to reduce its adjusted EBITDA by about $140M in 2021, nearly all of which is attributable to increased R&D investment.Horizon shares were trading up marginally during premarket trading.Seeking Alpha contributor Alexander J. Poulos writes that Horizon is poised for another breakout.