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Sage Therapeutics Stock Rockets 35% Higher After Takeover Bid From Biogen - Barron's

1. Sage Therapeutics shares rose after Biogen's acquisition proposal. 2. Biogen offered $7.22 per share for remaining Sage shares. 3. Proposal signals Biogen's confidence in Sage's pipeline. 4. Market reacted positively to potential merger news. 5. SAGE stock decrease indicates volatility ahead of final decision.

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FAQ

Why Bullish?

The acquisition proposal could lead to an increased SAGE valuation, similar to past M&A successes.

How important is it?

The unsolicited bid by Biogen is likely to attract investor attention and may enhance share value.

Why Short Term?

Immediate market reaction expected as the situation develops, reminiscent of previous acquisition news impacts.

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