Shares of Catalent (CTLT) are down $2.71, or 6%, to $43.61 in afternoon trading after Bloomberg reported that Danaher (DHR) has ceased trying to acquire Catalent after having previously expressing interest in purchasing the contract manufacturer.
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Published first on TheFly
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Read More on CTLT:
- Catalent (NYSE:CTLT) Is Not on Danaher’s (NYSE:DHR) Buy List
- Early notable gainers among liquid option names on April 17th
- Catalent price target lowered to $72 from $88 at Deutsche Bank
- Baird downgrades Catalent to Neutral, sees ‘trading vacuum’ in near-term
- Catalent downgraded to Neutral from Outperform at Baird