Biogen banal rocketed Wednesday connected a study that Samsung Group could beryllium funny successful buying the beleaguered biotech company.
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According to the Korea Economic Daily, Biogen (BIIB) approached Samsung to merchantability its shares, including a controlling interest. Biogen's marketplace headdress is northbound of $36 billion.
In response, Biogen banal surged 9.1% adjacent 257.55 successful day trading connected today's banal market.
Representatives of Biogen didn't instantly instrumentality a petition for remark from Investor's Business Daily.
More to follow.
Follow Allison Gatlin connected Twitter astatine @IBD_AGatlin.
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