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Horizon Pharma (HZNP) followed many of its fellow drugmakers to Ireland Wednesday as it agreed to buy Dublin-based Vidara Therapeutics in a deal worth $660 million. Horizon shares jumped 17% in the stock market today, hitting an all-time high. Through a reverse merger, Horizon Pharma Inc. will turn into Horizon Pharma PLC, located in the low-tax haven of the Emerald Isle. Many specialty drugmakers have similarly bought their way there, including Scalper1 News
Scalper1 News