NEW YORK, March 11 (Reuters) - Shares of Hologic Inc jumped more than 5 percent to 18-month highs on Wednesday, a run-up that traders said was tied to talk that Philips maybe interested in acquiring the company.
Traders in London and New York attributed the move to the talk. A Philips spokesman in Amsterdam declined to comment.
Shares of Hologic, which makes the ThinPrep test for cervical cancer and Selenia digital mammography systems, rose as high as $18.95 during the session.
Hologic did not immediately respond to a request for comment.
(Reporting by Ellis Mnyandu in New York; with additional reporting by Blaise Robinson and Dominic Lau in London and Harro ten Wolde in Amsterdam) Keywords: USA HOLOGIC/STOCKS (Ellis.Mnyandu@thomsonreuters.com; +1 646 223 6085; Reuters Messaging:ellis.mnyandu.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Traders in London and New York attributed the move to the talk. A Philips spokesman in Amsterdam declined to comment.
Shares of Hologic, which makes the ThinPrep test for cervical cancer and Selenia digital mammography systems, rose as high as $18.95 during the session.
Hologic did not immediately respond to a request for comment.
(Reporting by Ellis Mnyandu in New York; with additional reporting by Blaise Robinson and Dominic Lau in London and Harro ten Wolde in Amsterdam) Keywords: USA HOLOGIC/STOCKS (Ellis.Mnyandu@thomsonreuters.com; +1 646 223 6085; Reuters Messaging:ellis.mnyandu.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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