CRO M&A: PPD and PRA International reportedly seeking buyers
Shares of North Carolina clinical research organization PPD (NYSE:PPDI) climbed on reports that the company is for sale. PPD shares are trading at $32.35 on Monday morning, up more than 16 percent over Friday’s close. Shares later leveled off at $30.92 cents per share. The Wall Street Journal cited unnamed “people familiar with the matter” […]