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Stock impact report

Organon & Co. (OGN) Soars to 52-Week High on $11.75-Billion Sun Merger [Yahoo! Finance]

Edgewell Personal Care Company (EPC) 
Last edgewell personal care company earnings: 2/10 06:19 am Check Earnings Report
US:NYSE Investor Relations: ir.edgewell.com
Company Research Source: Yahoo! Finance
Organon soared to a new 52-week high on Monday, as investors gobbled up shares after the company officially confirmed its planned $11.75-billion merger with Sun Pharmaceuticals. In intra-day trading, the stock climbed to its highest price of $13.24 before trimming gains to finish the session just up by 16.87 percent at $13.16 apiece. 5 Best Healthcare Penny Stocks to Buy According to Hedge Funds Photo by Tima Miroshnichenko on Pexels In a joint statement, Organon & Co. (NYSE:OGN) said that Sun Pharma is set to acquire all its outstanding shares at $14 apiece, in an all-cash transaction, in line with the latter's strategy of growing its innovative medicines business. The transaction officially secured the green light of both firms' board of directors and is now up for approval by the shareholders. “Following a comprehensive review of strategic alternatives, our board determined that this all-cash transaction offers compelling and immediate value to Organon stockholders. We Show less Read more
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