Home Options Shares of Allergan Volatile on Takeover Speculation

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Shares of Allergan (AGN) were volatile in trading on Friday as rumors circulated that the company was a potential takeover target. AGN has been the subject of such rumors before and is indeed a likely candidate for a takeover bid, but this rumor was not confirmed and thus AGN shares mostly tracked the rest of their sector after a short price rise after the rumor first circulated on newswires. AGN shares closed at 162.09 for the session, up +1.69%.


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