Market Overview

Genzyme Higher On Deal Rumors (GENZ)

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dealREPORTER is reporting that Genzyme (NASDAQ: GENZ) is moving higher as unconfirmed sources are saying that a deal for the company can happen within the next couple of weeks.

Genzyme has been the target of Sanofi-Aventis (NYSE: SNY), which bid for the company, but was rebuffed by shareholders.

At last check, shares were down 20 cents to $71.50, but had been down much more than that earlier.

Posted-In: dealREPORTERM&A News Rumors

 

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