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New York, NY -- (SBWIRE) -- 08/27/2013 -- Hi-Tech Pharmacal (NASDAQ:HITK) the specialty pharmaceutical company will be bought by rival Akorn for $640 million in cash, or $43.50 per share. That's a 23.5 percent premium over yesterday's close.
Hi-Tech Pharmacal Co., Inc , is a specialty manufacturer and marketer of prescription, over-the-counter (OTC) and nutritional products. Hi-Tech develops, manufactures and markets products in three categories: generics, prescription brands and OTC brands.
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Stereotaxis, Inc. (NASDAQ:STXS) revealed EPS of -1.787. For the Present Financial season, the organization is predicted to review EPS of -2.03. For the Next One fourth and Next Year, the organization is predicted to review EPS of -0.40 and -1.46 respectively. At Present Industry Cost, STXS is in the range of +16.69% from its 50-day Shifting Regular cost of $3.5222 and +79.50% from its 200-day Shifting Regular cost of $2.2897.
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Akorn, Inc. (NASDAQ:AKRX) is a manufacturer and markets a full line of diagnostic and therapeutic ophthalmic pharmaceuticals as well as niche hospital drugs and injectable pharmaceuticals. Akorn, Inc. (NASDAQ: AKRX) 7.1% HIGHER; entered into a definitive agreement to acquire Hi-Tech for $640 million in cash, or $43.50 per share.
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UniPixel, Inc. (NASDAQ: UNXL), a provider of Performance Designed Films (TM) to the touch screen technology, versatile printed gadgets, and lighting and display markets, have been welcomed to present at the 2013 Entrance Meeting was held on Wednesday, Sept 10, 2013 at the Structure Resort in San Francisco.
Shares of Uni-Pixel, Inc. (UNXL) are trading at $18.61 and is +22.74% of its 50-day Moving Average price of $15.1619 and -16.62% from its 200-day Moving Average price of $22.3205. The average trading volume is 1256240 shares and its market capitalization is $224.0M.
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