Monday, July 23, 2007

Barr Pharmaceuticals Shares Rise Most Since August on Takeover Speculation

(Bloomberg) -- Barr Pharmaceuticals Inc.'s shares
rose the most since August on speculation the maker of birth-
control pills and generic medicines will attract takeover offers.

The stock added $2.69, or 5.2 percent, to $54.90 in New York
Stock Exchange composite trading as of 11:37 a.m. Trading in
options to buy the shares of the Woodcliff Lake, New Jersey-based
company increased to 15,572 contracts, about 23 times the 20-day
average.


Read more at Bloomberg Stocks News

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