NPS says there is no truth the prevalent market rumor spread by the Financial Times that it is being pursued by Shire in a takeover bid. NPS says it has not head one word from Shire or any of its representatives. In so doing, NPS has strayed from its long-term policy of not commenting on market rumors. In this case however their stock has shot up over 20% in a couple days post rumor and they decided to quash it.
Posted by Bruce Lehr June 3rd 2014.