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Idenix Pharmaceuticals (NASDAQ: IDIX) shares gained 233.33% to $24.10 in pre-market trading after Merck (NYSE: MRK) announced its plans to acquire Idenix for $24.50 per share in cash.

Achillion Pharmaceuticals (NASDAQ: ACHN) shares jumped 35.07% to $3.89 in pre-market trading on news of Merck-Idenix deal.

Hittite Microwave (NASDAQ: HITT) jumped 28.80% to $78.00 in pre-market trading after Analog Devices (NASDAQ: ADI) announced its plans to buy Hittite Microwave for $78 per share in cash.

Family Dollar Stores (NYSE: FDO) soared 11.91% to $67.74 in the pre-market trading after Carl Icahn disclosed a brand-new 9.39% stake in the company.

The Hillshire Brands Company (NYSE: HSH) shares jumped 5.06% to $61.90 in pre-market trading after Tyson Foods (NYSE: TSN) announced it has submitted a unilaterally binding offer to buy Hillshire for $63 per share in cash.

Posted-In: Premarket MoversNews Pre-Market Outlook Markets Movers

 

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Analog Devices To Acquire Hittite Microwave

UPDATE: Ferrellgas Partners Posts Downbeat FQ3 Earnings