Questcor Pharmaceuticals Inc. (Nasdaq: QCOR) will be acquired by Mallinckrodt (NYSE: MNK) for a premium of approximately $5.6 billion in cash and stock. Shares of Questcor jumped $12.71 to close at $80.58 while Mallinckrodt stock dropped $1.57 to close at $60.95.
Mallinckrodt To Buy Questcor
April 07, 2014 at 12:08 PM EDT
