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Benzinga's Top #PreMarket Losers

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Tyson Foods (NYSE: TSN) dipped 2.47% to $39.13 in pre-market trading after the company announced it has submitted a unilaterally binding offer to buy Hillshire Brands Company (NYSE: HSH) for $63 per share in cash.

Gilead Sciences (NASDAQ: GILD) dropped 2.29% to $80.50 in pre-market trading after falling 0.50% on Friday.

Yandex NV (NASDAQ: YNDX) shares fell 2.22% to $32.97 in pre-market trading after rising 1.72% on Friday.

Merck & Co (NYSE: MRK) shares dropped 0.61% to $57.50 in pre-market trading after the company announced its plans to acquire Idenix Pharmaceuticals (NASDAQ: IDIX) for $24.50 per share in cash.

Posted-In: PreMarket LosersNews Movers & Shakers Pre-Market Outlook Markets

 

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Benzinga's Top Downgrades

UPDATE: Keefe, Bruyette & Woods Upgrades SunTrust Banks On Multiple Positive Factors