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Fight for Salix Gets Hot; Valeant Ups Bid to About $11.11B
2015-03-16 14:06:49| Biotech - Topix.net
Valeant turned up the heat in its bidding fight for Salix Pharmaceuticals on Monday, raising its offer to about $11.11 billion in cash. The Canadian drugmaker now says it will pay $173 per Salix share, a 2 percent premium over Friday's closing price of $169.40.
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Category:Biotechnology and Pharmaceuticals
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