Akorn shares slip after court rules that Fresenius can cancel its buyout of the generic drugmaker
Fresenius scrapped the merger after an investigation found Akorn had a history of fraudulent product data submissions
Company
Fresenius Medical Care
NYSE:FMS
Fresenius Medical Care is an integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure
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Akorn shares plummet after judge rules Fresenius can end its $4.8 billion buyout
Fresenius terminated the merger after an investigation found Akorn had a history of fraudulent product data submissions
NxStage Medical succumbs to US$2bn offer from Fresenius
NxStage develops, manufactures and markets innovative products for the treatment of end-stage renal disease and acute kidney failure