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Reuters: Inverness in $1.2 bln joint venture talks

Started by chris, May 28, 2008, 11:41:12 PM

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chris

Inverness in $1.2 bln joint venture talks
      


NEW YORK (Reuters) - Inverness Medical Innovations Inc  said on Wednesday it was in talks with private equity groups about a proposed joint venture of its health management business for which it would receive about $1.2 billion, sending its stock up nearly 10 percent.
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