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BioPharmaceutical

Chiron Seeking To Bump Up Buyout Bid? Directors Reject Novartis’ Offer

This article was originally published in The Pink Sheet Daily

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Executive Summary

A $4.5 bil. cash offer from Novartis for an outstanding 57.8% stake in Chiron is “inadequate,” according to Chiron’s independent directors.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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