Volcano Corporation (VOLC) shares rose more than 55 percent on Wednesday after the company agreed to be acquired by Royal Philips (PHG) for $1.2 billion, or $18.00 per share. Volcano said its board has unanimously approved the transaction and recommends the offer to its shareholders. The deal, which is inclusive of Volcano’s cash and debt, […]
View the full post at: Morning Buzz: Volcano Corporation (VOLC), Auspex Pharmaceuticals (ASPX), Taser (TASR), Novogen (NVGN), Pozen Inc. (POZN)