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ZS Pharma up 6.7% as trading resumes after confirmed sale talks

Sep. 10, 2015 5:57 PM ETZS Pharma, Inc. (ZSPH) StockZSPHBy: Jason Aycock, SA News Editor
  • ZS Pharma (NASDAQ:ZSPH) has resumed trading and is up 6.7% after hours following a post-close news halt.
  • The shares had moved up 28.4% today on takeover speculation; the company confirmed that it began some early talks regarding a "strategic transaction" with Actelion Pharmaceuticals.
  • A purchase by Switzerland-based Actelion could value ZS at $2.5B, Bloomberg has reported. Market cap closed around $1.46B today.

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