Unusual 11 Mid-Day Movers 6/23: MGRM, CGEN, GRH, RJET Higher; AC...

Courtesy StreetInsider.com News Articles  Tue, 06/23/2009 - 10:10

Monogram Biosciences, Inc. (NASDAQ: MGRM) 169% HIGHER; Laboratory Corporation of America Holdings (NYSE: LH) and Monogram have entered into a definitive agreement and plan of merger under which LabCorp will acquire all of the outstanding shares of Monogram in a cash tender offer for $4.55 per share for an implied total equity value of approximately $106.7 million, or a total enterprise value of approximately $155 million at March 31, 2009, including net indebtedness.

Compugen Ltd. (NASDAQ: CGEN) 45.5% HIGHER; announced...

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