Alcon, Inc. (NYSE:ACL) dropped 1.55% to $161.55. Alcon, Inc.
announced that its board of directors approved a merger agreement with Novartis
AG, whereby Novartis will pay a total merger consideration valued at $168 per
share for the Alcon shares it does not currently own.
Under the
terms of the deal, the merger consideration will be comprised of a combination
of Novartis shares and, if necessary, a cash contingent value amount to result
in a total value of $168 per share.
UnitedHealth Group Inc. (NYSE:UNH) slid 0.51% to $35.27. Over the past
52-week, the stock traded within the range of $27.13-$38.06.
At current
market price, the market capitalization of the company stands at $38.79
billion. The stock is up more than 15% year-to-date.
Sanofi-Aventis SA (ADR) (NYSE:SNY) fell 0.82% to $32.52. So far in the
last one year of trading sessions, the stock lost over 17%. The stock has a
52-week range of $28.01-$41.59.
The company
has Price/Sales ratio of 2. The stock has the 50- Day Moving Average and
200-Day Moving Average prices of $33.56 and $31.72 respectively. At current
market price, the market capitalization of the company stands at $84.83
billion.
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