Savient Pharma Shares Annihilated as Company Files Chapter 11 - Equi...

10/15/13

Savient Pharma Shares Annihilated as Company Files Chapter 11
Equities.com
Shares of specialty drugmaker Savient Pharmaceutical (SVNT) are trading as low as 6 cents in premarket activity on Tuesday after filing Chapter 11 bankruptcy in a Delaware court on Monday. Shares were off 89 percent from Monday's close at 57 cents.

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