Unusual 11 Mid-Day Movers 4/23: SIRT, SAF, ZOLL, ANAD Higher; ABK, MBI, TSFG, DAKT Lower - Street Insider

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Unusual 11 Mid-Day Movers 4/23: SIRT, SAF, ZOLL, ANAD Higher; ABK, MBI, TSFG, DAKT Lower
Apr 23, 2008 04:53 PM UTC

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Via StreetInsider.com News Articles:

Sirtris Pharmaceuticals (Nasdaq: SIRT) 82.4% HIGHER; GlaxoSmithKline (NYSE: GSK) and Sirtris Pharmaceuticals Incorporated (Nasdaq: SIRT) entered into a definitive agreement pursuant to which GlaxoSmithKline will acquire Sirtris Pharmaceuticals for approximately USD720 million (or approx. GBP362 million) through a cash tender offer of USD22.50 (or approx. GBP11.33) per share.

Safeco Corporation (NYSE: SAF) 45.9% HIGHER; Liberty Mutual Group and Safeco Corporation entered into a definitive agreement pursuant to which Liberty Mutual will acquire all outstanding shares of common stock of Safeco for $68.25 per share in cash. SAF closed at $45.23 yesterday.

Ambac Financial (NYSE: ABK) 37.8% LOWER; reported

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