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Stock Market & Financial Investment News

News Breaks
May 9, 2014
08:32 EDTXNPTXenoPort mails letter to stockholders
XenoPort announced that it is mailing a letter to stockholders in connection with the company’s upcoming Annual Meeting, which will be held on June 11.Highlights of the letter include: XenoPort’s Board of Directors and management team are executing a strategic plan that is working; XenoPort has the right Board and team in place to execute its strategy and deliver long-term value; Clinton’s thesis for XenoPort demonstrates a fundamental misunderstanding of the biotech industry and XenoPort’s assets; and If implemented, Clinton’s agenda could negatively impact stockholder value.
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