logo
  

Polypore International Inc. (PPO) Has Leaped To A New High After Merger

Polypore International Inc. (PPO) announced Monday morning that it has agreed to be acquired by a U.S. subsidiary of Asahi Kasei Corporation for $60.50 per share in cash.

Polypore International has gapped open dramatically higher this morning and is now up 6.46 at $59.41 on above average volume. The stock has surged past resistance and has set a new high for the year.

For comments and feedback contact: editorial@rttnews.com

Business News

Invest in the Best Pharma Stocks by Subscribing to RTT Biotech Investor.

First quarter growth data from China gained the maximum focus this week as trends in the massive emerging economy impact its trading partners. Elsewhere, the IMF released its latest global macroeconomic projections. Read our story to find out why comments from the Fed Chair Powell damped rate cut expectations. Meanwhile, there was some survey data that kindled hopes of a recovery in manufacturing. In the U.K., inflation data for March revealed some confusing trends.

View More Videos
Follow RTT