Monday, April 25, 2011

Amarin Jumps On Reports of a Possible Sale

Shares of Amarin Corporation plc (Nasdaq: AMRN) rallied more than 4% in Monday's pre-market trading after  Sunday Times reported that the company has hired investment bank Lazard Ltd. to explore a possible sale worth more than $2 billion. In a response to questions from Bloomberg News, the company said "Amarin works with various advisers time-to-time and does not comment on such matters." Stay tuned for more.

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