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This Merger of Top Pharmaceutical Companies Is a Major Profit Opportunity

Two top pharmaceutical companies announced a merger this morning, continuing 2015's massive run of M&A activity. Botox maker Allergan Plc. (NYSE: AGN) announced today that it will purchase Kythera Biopharmaceuticals Inc. (Nasdaq: KYTH) for $2.1 billion. That values KYTH shares at $75 each - 24% higher than Tuesday's closing price. The move highlights one of our favorite profit plays of 2015. It's up 16.7% already and has plenty of room to run... Tags: biotech etf Meta: Two of the top pharmaceutical companies on the market announced a major merger today. And it underscores a profit opportunity we’ve been recommending. , ETFs Article , ETFs to buy , pharma stocks , pharmaceutical companies , pharmaceutical stocks , Stocks to Buy , top pharma stocks , Top pharmaceutical companies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This Merger of Top Pharmaceutical Companies Is a Major Profit Opportunity appeared first on Money Morning - We Make Investing Profitable .
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