(Reuters) - Ventana Medical Systems Inc. , a tissue-based diagnostics specialist, received a takeover offer from Swiss drug maker Roche late on Monday, sending Ventana shares up 52 percent to $78.75 in electronic composite trading.
"There have been so many rumors that there will be no more deals being done. VMSI getting taken out by Roche helps the market out," said Todd Leone, head of listed trading at Cowen & Co. in New York.
Read more at Reuters.com Hot Stocks News
"There have been so many rumors that there will be no more deals being done. VMSI getting taken out by Roche helps the market out," said Todd Leone, head of listed trading at Cowen & Co. in New York.
Read more at Reuters.com Hot Stocks News
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