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218 days

J&J Takeover Report sends Intra-Cellular Stock Soaring - Barron's

1. Johnson & Johnson is exploring acquiring Intra-Cellular, valued at $10 billion. 2. Intra-Cellular shares rose 22% amid acquisition talks, nearing $116. 3. The biotech focuses on neuropsychiatric conditions and late-stage drug testing. 4. Details about the potential deal could be finalized this week.

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FAQ

Why Bullish?

Acquisitions typically enhance growth prospects; similar past deals boosted JNJ shares.

How important is it?

Acquiring a biotech with innovative treatments can strategically benefit JNJ long-term.

Why Short Term?

Market reactions to acquisition news will likely influence JNJ's price quickly.

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