Salix Pharmaceuticals (SLXP +1.4%) shares open higher on takeover speculation following an...

|About: Salix Pharmaceuticals, Ltd. (SLXP)|By:, SA News Editor

Salix Pharmaceuticals (SLXP +1.4%) shares open higher on takeover speculation following an overnight article suggesting Valeant Pharmaceuticals (VRX -0.1%) might be looking at the drugmaker. Valeant CEO Michael Pearson told analysts on a Monday conference call that his firm was in discussions with multiple acquisition candidates.