More Alexion Turbulence Could Flush Out A Buyer
News that Alexion's (NASDAQ:ALXN) new chief executive has cleared out its management team is on the face of it the latest in a long line of disruptions for the company. Shares fell 9% yesterday on the news, though in the longer term the move could help the group distance itself from previous missteps.
Alexion has long been rumored to be an acquisition target, and could find itself falling prey to a low-ball offer unless its share price rallies.
Alexion has long been rumored to be an acquisition target, and could find itself falling prey to a low-ball offer unless its share price rallies.