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Reuters: ImClone says it received $70-a-share buyout offer

Started by chris, September 11, 2008, 02:00:54 AM

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chris

ImClone says it received $70-a-share buyout offer
      


BOSTON (Reuters) - ImClone Systems Inc said on Wednesday it has received a takeover offer of $70 a share from a large pharmaceutical company, topping an earlier bid of $60 a share from Bristol-Myers Squibb Co and sending its shares up 7 percent.
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