AstraZeneca Gets Patent Blow and 4 Stocks At 52-Week Highs

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

AmerisourceBergen (NYSE:ABC): Closing price $52.41

The firm will divest its contract packaging unit, AndersonBrecon, to an entity formed by affiliates of an investor group headed by Frazier Healthcare VI for the purpose of buying AndersonBrecon. The purchase price for the cash transaction is $308 million, subject to the usual adjustments for, among other things, the working capital of the business. The transaction should close in the third quarter of fiscal 2013, which ends June 30th. Shares closed up 1.49 percent on Tuesday at $52.41, and have been traded in a 52-week range of $35.48 to $52.15.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!


More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business