STARLIMS Technologies (NASDAQ: LIMS), a provider of laboratory information management systems. is being acquired by Abbott (ABT) for $123 million in cash or $14.00 per share. This is after a $9.50 close on Monday, so this is a obviously huge gain. At 8:19 AM EST we have seen some 141 shares trade hands for a 45% gain to $13.78. Its prior 52-week trading range was $3.21 to $11.00 and the average volume was actually less than 10,000 shares per day. -Jon Ogg
Tuesday, December 15, 2009
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