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Stock Market & Financial Investment News

News Breaks
May 13, 2014
06:43 EDTSHPGShire acquires Lumena Pharmaceuticals, includes upfront payment of $260M in cash
Shire yesterday announced the acquisition of Lumena Pharmaceuticals. Shire will acquire Lumena Pharmaceuticals for an upfront payment of $260M in cash, plus a payment for net cash at closing, and near-term contingent milestone payments related to ongoing clinical trials.
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August 27, 2014
17:49 EDTSHPGGSK, Shire rumored to be interested in Tekmira, Daily Mail says
GlaxoSmithKline (GSK) and Shire (SHPG) are rumored to be interested in a bid for Tekmira (TKMR), reports Daily Mail. Tekmira could be a value to potential suitors, capitalized at approximately GBP 400M and the company could cost over GBP 1B in a takeover, Daily Mail adds. Reference Link

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