30.09.2013 14:42:08
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Pre-market Movers For Sept 30 (BA, ACHN, PNRA, ACTV, BPO, CHRM)
(RTTNews) - Gainers:
Active Network, Inc. (ACTV) is gaining 26 percent to $14.39. The company agreed to be acquired by Vista Equity Partners for nearly $1.05 billion cash. Vista would begin a tender offer to buy all outstanding common shares of ACTIVE for $14.50 per share cash.
Brookfield Office Properties Inc. (BPO) is rising 14 percent to $19.20. Brookfield Property Partners L.P. (BPY) announced that it proposes to acquire the company through a tender offer for any or all of the common shares for a consideration of $19.34 per common share.
Decliners:
Boeing Co. (BA) is falling 1 percent to $117.50.
Achillion Pharmaceuticals, Inc. (ACHN) is plunging 52 percent to $3.47 based on the news that the FDA has concluded that the removal of the clinical hold related to sovaprevir, the company's NS3 protease inhibitor, is not warranted.
Panera Bread Co. (PNRA) is down 2 percent to $160.50.
Trading halt:
Trading in shares of Charm Communications Inc. (CHRM) was halted. The company announced the receipt of a non-binding "going private" proposal at $4.70 Per ADS.
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