Seeking Alpha

Illumina (ILMN +1.1%) trades higher on chatter that an activist investor movement may be afoot...

Illumina (ILMN +1.1%) trades higher on chatter that an activist investor movement may be afoot and ongoing speculation on the firm's deal with Roche (RHHBY.PK). Trader Karen Finerman dissects the semantics of a recent statement from Roche on its merger bid to translate that the phrase "ready to commence discussions" equates to we’ll pay more.
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