PRGOJust like Concordia, I wouldn't buy on the news of PRGO ''nearing a deal''. Don't you find it odd ?
From StreetInsider:
June 2: ''Blackstone deal imminent''-CXRX
June 2:''Blackstone deal dead''-CXRX
June 14:'' Perrigo near a deal to be acquires for $20 billion''
...of course, once more it's from ''person familiar with the matter'' and they can't identify them, nor the potential acquirer.
I'm very suspicious of StreetInsider. Information on deals such as this don't ''leak''. Of course, once more it's conveniently concerning the specialty pharma which makes it even more suspicious.
Beware and GL.