Consoladition In Drug Industry: Actavis Buys Forest Labs For $25 Billion

Ted

FYI: Should help healthcare funds in general.
Regards,
Ted
http://www.bloomberg.com/news/print/2014-02-18/actavis-to-buy-forest-laboratories-for-25-billion.html

Forest Labs Top Fund Holders: http://investors.morningstar.com/ownership/shareholders-overview.html?t=FRX&region=usa&culture=en-US&ownerCountry=USA

PRESSmUP

Oddly, though the individual indexes are rather muted, looks like healthcare across the board is doing well today. VGHCX will have a very nice pop, as they had over $1B in FRX, and was the largest shareholder by a wide margin.

Ted

Reply to @PRESSmUP: You are correct, as a group Healthcare is today's leading sector so far up 1.0%
Regards,
Ted
http://finviz.com/groups.ashx

finder

And Biotech IBB is up 2.4% now.

Ted

Reply to @finder: & Other MFO Members: For your information.
Regards,
Ted

Trading Trends In Healthcare Sector:
http://finance.yahoo.com/blogs/breakout/actavis-buy-jolts-pharma--here-s-3-big-ways-to-trade-the-sector-150920379.html