Bloomberg Corroborates Benzinga Story On Medicinse Company

Shares of

continued trading higher on Wednesday. The Medicines Company's stock initially surged higher late Tuesday afternoon. Following the parabolic move on Tuesday, Benzinga

the move may be attributed to a report by a source who said that

may be interested in acquiring the company. Analysts at Jefferies also believe that Medicines Company is a likely takeover target. Related Link:

reported

on Wednesday that Medicines Company is exploring a sale of itself. Bloomberg, citing "people familiar with the matter," reported that Medicines Company has reached out to potential acquirers, but no final decision has yet to be made and the company could choose not to pursue a sale.