Sagent Pharmaceuticals (SGNT) Leaps on Takeover by Nichi-Iko

Sagent Pharmaceuticals Inc (NASDAQ: SGNT) shares rose 39.4% to $21.61 as the company agreed to be acquired by Nichi-Iko Pharmaceutical for $21.75 per share. Share volume was 12.3 million, swamping an all-day average of 422,000