Halozyme to Fund Proposed Evotec Takeover in Cash, CEO Says [Yahoo! Finance]
Halozyme Therapeutics, Inc. (HALO)
Last halozyme therapeutics, inc. earnings: 2/24 04:02 pm
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Source: Yahoo! Finance
Most Read from Bloomberg In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift Amtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC Service A Bug's Eye View of Mexico City's Modernist Architecture NYC Congestion Pricing Plan With $9 Toll to Start in January Zimbabwe City of 700,000 at Risk of Running Dry by Year-End “We feel confident in being able to fund this as a fully cash deal,” Torley said in an interview. “Equity will not be used. As we take on some debt, our strong cash flow will be able to bring us down to two times leverage very rapidly” after the deal closes, she said. Halozyme's stock fell more than 15% Friday after it publicly revealed it had submitted a non-binding proposal to buy Evotec for €11 per share. The drop was partially due to investor concern that the possible deal would be funded with equity and thus dilutive to shareholders. Halozyme, based in San Diego, plans to fund a portion of the offer with some of the roughly $600 mill
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HALO
News
- Halozyme Therapeutics, Inc. (NASDAQ: HALO) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $68.00 price target on the stock.MarketBeat
- How Much Upside is Left in Halozyme Therapeutics (HALO)? Wall Street Analysts Think 27.08% [Yahoo! Finance]Yahoo! Finance
- Halozyme Therapeutics (HALO) is a Top-Ranked Value Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Here's Why Halozyme Therapeutics (HALO) is a Strong Growth Stock [Yahoo! Finance]Yahoo! Finance
- Is Halozyme Therapeutics (HALO) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
HALO
Earnings
- 10/31/24 - Beat
HALO
Sec Filings
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- 11/12/24 - Form SC
- HALO's page on the SEC website