September 16, 2014 / 9:01 PM / 5 years ago

Endo offers to buy Auxilium Pharma for about $2.2 bln

Sept 16 (Reuters) - Endo International Plc offered to acquire Auxilium Pharmaceuticals Inc for about $2.2 billion in cash and stock.

The offer of $28.10 per share represents a premium of 30.6 percent to Auxilium’s Tuesday closing price of $21.52 on the Nasdaq.

Endo said it intends to fund the transaction through cash on hand and debt financing. (Reporting by Shailaja Sharma in Bangalore; Editing by Don Sebastian)

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