Taro Pharmaceutical (TARO) agrees to be taken private by India’s Sun Pharmaceutical Industries...

|About: Taro Pharmaceutical Industr... (TARO)|By:, SA News Editor

Taro Pharmaceutical (TARO) agrees to be taken private by India’s Sun Pharmaceutical Industries for $39.50/share, a 60% increase from a prior offer of $24.50. Sun had already owned 66% of Taro prior to the buyout, which is worth $571M.