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Stock Market & Financial Investment News

News Breaks
January 28, 2014
08:01 EDTIDIXIdenix raises $106.7M in a registered direct offering
Idenix announced that it has entered into a definitive agreement with certain entities managed by The Baupost Group, L.L.C. for the sale of 16,420,241 shares of its common stock. Baupost has agreed to purchase the shares of common stock at a price of $6.50 per share, resulting in net proceeds to Idenix, after deducting estimated offering expenses, of approximately $106.7M.
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