Morning Market Movers (TSTY, GLBC, AMMD, LVLT)

by Lisa Levin, Benzinga Editor

April 11, 2011 9:47 AM | 1 min read | Make a Comment

Tasty Baking Company

TSTY

shares surged 146.58% to $3.97 at 9:45 am. Flowers Foods Inc

FLO

announced its plans to acquire TSTY for about $4.00 per share. Global Crossing Ltd

GLBC

shares advanced 77.70% to $26.30. Level 3 Communications Inc

LVLT

agreed to purchase GLBC for about $1.9 billion. American Medical Systems Holdings Inc

AMMD

jumped 32.11% to $29.50. Endo Pharmaceuticals Holdings Inc

ENDP

agreed to purchase AMMD for about $2.6 billion in cash. Level 3 Communications Inc

LVLT

climbed 25.65% to $1.81. LVLT agreed to purchase Global Crossing Ltd

GLBC

for about $1.9 billion. Read more

Posted In: News M&A Intraday Update Markets Movers Alternative Carriers Consumer Staples Health Care Health Care Equipment Morning Market Movers Packaged Foods & Meats Pharmaceuticals Telecommunication Services

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