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Stock Market & Financial Investment News

News Breaks
May 19, 2014
09:48 EDTCVDCovance acquires Medaxial
Covance announced it has acquired Medaxial, a London-based value communication consultancy. In addition to Medaxial's corporate headquarters in London, the company has employees in New York and Antwerp, Belgium.
News For CVD From The Last 14 Days
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February 23, 2015
05:41 EDTCVDLabCorp upgraded to Overweight from Neutral at Piper Jaffray
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February 19, 2015
09:22 EDTCVDLabCorp completes acquisition of Covance
LabCorp (LH) announced the completion of its acquisition of Covance (CVD), following its entry into a definitive purchase agreement on November 2, 2014. At closing, the purchase consideration was valued at $107.19 per Covance share, consisting of $75.76 in cash and 0.2686 LabCorp shares for each Covance share, or an equity value of approximately $6.2B and an enterprise value of approximately $5.7B. The closing of the transaction follows the receipt of all necessary regulatory requirements and approval of the transaction by Covance shareholders on February 18. With the closing of the transaction, Covance common stock will cease trading and will no longer be listed on the NYSE.
February 18, 2015
09:27 EDTCVDCovance stockholders approve acquisition by LabCorp
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