Inmarsat Plc rose as much as 12 percent after the British satellite company last week said it had rebuffed a takeover proposal from EchoStar Corp.
A “highly preliminary” offer was turned down by the board after discussions with its advisers, Inmarsat said in a statement on Friday. “It very significantly undervalued Inmarsat and its stand-alone prospects. The board remains....More>>>
Analysis focus: IRWD
Ironwood Pharma (NASDAQ:IRWD) is going to split into two separate companies, both publicly traded, with one focusing on commercialization and the other on R&D. This move will happen in the first half of 2019 and be tax free to current shareholders.
Ironwoods linzess, which was approved 6 years ago in irritable bowel syndrome with constipation and for treatment....More>>>