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Depomed Spikes 17% As Activist Investor Discloses Large Stake
Friday, April 8, 2016 - 9:46am | 262Read More...Shares of Depomed Inc (NASDAQ: DEPO) surged higher by more than 18 percent on Friday after notable activist investment firm Starboard Value disclosed it has taken a 9.8 percent stake in the company. Starboard Value said in its regulatory filing that it believes shares of Depomed are "undervalued"...

