Thursday, January 26, 2012

Stock Alert - Micromet (MITI) surges 34% - 1/26/12

Micromet (MITI) surges 34% to $11.07, which is just above Amgen's (AMGN) $11/share offer for the company. More on Amgen (AMGN) / Micromet (MITI) deal: The acquisition provides Amgen with blinatumomab, a leukemia treatment in Phase 2 trials. The offer of $11/share is a 33% premium to Micromet's close yesterday


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