Morning Market Movers

Synovis Life Technologies Inc

shares surged 50.54% to $27.76 at 9:45 am. Baxter International Inc

announced its plans to acquire Synovis Life Technologies for $28 per share. Seaspan Corporation

climbed 28.23% to $13.40. SSW announced its plans to acquire Seaspan Management Services Limited in a stock-based transaction. Cabot Microelectronics Corp

surged 19.35% to $47.99. CCMP intends to pay a special cash dividend of $15 per share and authorized a rise in its existing share repurchase program to $150 million. YM BioSciences Inc

shares advanced 18.49% to $1.73. YMI reported updated results from the ongoing Phase I/II study of its JAK1/JAK2 inhibitor, CYT387 at the 53rd Annual Meeting of the American Society of Hematology underway in San Diego, CA.