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Glaxo Is Said to Be Near a Deal for Human Genome Sciences – NYTimes.com

By July 16, 2012No Comments
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human-genome-lab

GlaxoSmithKline of Britain is near a deal to buy the biopharmaceutical company Human Genome Sciences on friendly terms for about $2.8 billion, potentially ending a long hostile takeover campaign, a person briefed on the matter said on Sunday.

Under the new terms of the deal, GlaxoSmithKline would pay about $14 a share in cash, this person said.

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