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$AGN to buy $TBRA for an amount totaling $1.695Bil. $AGN will pay $28.35 per $TBRA share upfront, and up to $49.84 per share in contingent value rights, that are payable on completion of certain specified events. The BoDs of both companies have unanimously approved the transaction. The transaction is expected to close by the end of 2016.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.