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home / news releases / HZNP - Horizon Therapeutics tumbles on report FTC preparing suit to block Amgen deal


HZNP - Horizon Therapeutics tumbles on report FTC preparing suit to block Amgen deal

2023-05-15 19:23:12 ET

  • Horizon Therapeutics plunged 15% in after hours trading on a report that the Federal Trade Commission is preparing to file a lawsuit to block the company's $28 billion sale to Amgen ( NASDAQ: AMGN ).
  • The FTC had a closed door meeting on Friday where the transaction was discussed and the commissioner's are expected to vote on the deal this week, according to traders, who cited a Capitol Forum report that was circulating on Monday night.
  • Developing story ...

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Horizon Therapeutics tumbles on report FTC preparing suit to block Amgen deal
Stock Information

Company Name: Horizon Therapeutics Public Limited Company
Stock Symbol: HZNP
Market: NASDAQ
Website: horizontherapeutics.com

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