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Syneos Health’s stock soars 19% on acquisition report

Clyde Edgerton by Clyde Edgerton
May 9, 2023
in Markets
Syneos Health’s stock soars 19% on acquisition report
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Syneos Health Inc.’s SYNH stock surged 19% in extended trading Tuesday on a Bloomberg report that a consortium of Elliott Investment Management, Patient Square Capital and Veritas Capital is in advanced talks to acquire Syneos, a drug-research services company. A deal could be announced as soon as this week, according to people with knowledge of the talks, the report said.

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