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Stock impact report

Amicus (FOLD) Flies to 52-Week High on $5-Billion BioMarin Merger [Yahoo! Finance]

Amicus Therapeutics, Inc. (FOLD) 
Last amicus therapeutics, inc. earnings: 11/11 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.amicusrx.com/investor-relations
Company Research Source: Yahoo! Finance
Amicus Therapeutics soared to a new 52-week high on Friday, jumping 30.21 percent to close at $14.18 apiece as investors gobbled up shares following announcements that it would merge with Biomarin Pharmaceutical for nearly $5 billion. At intra-day trading, the stock climbed to its highest price of $14.36 before trimming gains to finish the day just up by 30.21 percent at $14.18 apiece. Pixabay/Public domain This followed news on the same day that Amicus Therapeutics, Inc. (NASDAQ:FOLD) is set to be acquired by BioMarin in an all-cash transaction at a price of $14.50 apiece, representing a 33 percent premium over its closing price of $10.89 on Thursday, December 18. The agreement has already been approved by both firms' board of directors, but remains subject to other regulatory approvals, including shareholders. “Together with our partners in the rare disease community, we created a truly patient-centric biotech and successfully developed two transformative medicines for pe Show less Read more
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