Friday, February 09, 2007

Cubist Pharmaceuticals (CBST) Higher on Takeover Chatter

Cubist Pharmaceuticals Inc. (Nasdaq: CBST) is seeing interest in intra-day action on rumors the company could be a takeover target. Novartis AG (NYSE: NVS) has been mentioned as a possible suitor.
Shares of CBST are 4% higher.

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