2023-04-28 12:26:51 ET
- Catalent ( NYSE: CTLT ) rose 5% amid reports that the contract research firm canceled out of a William Blair conference in June.
- Catalent ( CTLT ) canceled it appearance at the William Blair growth conference in Chicago in early June due to the recent departure of its chief financial officer and a CEO scheduling conflict, according to traders. Catalent ( CTLT ) and William Blair didn't immediately respond to Seeking Alpha email request for comment.
- The Catalent ( CTLT ) stock move comes after recent speculation that Danaher ( NYSE: DHR ) may still be interested in a takeover even after a report last Monday that the life-science company ended its pursuit.
- Comments that Danaher ( DHR ) made on its Q1 earnings call on Tuesday appeared to indicate that the company could still be interested in a Catalent ( CTLT ) purchase, Gordon Haskett highlighted in a note on Wednesday.
- Bloomberg reported in February that Danaher had expressed interest in acquiring the Catalent ( CTLT ).
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Catalent gains amid report of cancellation from June conference