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Stock Market & Financial Investment News

News Breaks
October 25, 2012
17:01 EDTNABINabi Biopharmaceuticals establishes one-to-six ratio for reverse stock split
Nabi Biopharmaceuticals announced that its board of directors has established a ratio of one share-for-every six shares of the outstanding common stock for Nabi's proposed reverse stock split of all outstanding shares of common stock. Nabi anticipates that the reverse stock split will be effective as of 16:59 EST on November 8, and will be reflected in the trading price of Nabi common stock at the opening of trading on November 9.
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