Avatar Posted by worldpharmanews 570 days ago (http://www.worldpharmanews.com)
Category: Financial | Tags: alpharma king pharmaceuticals
Alpharma, Inc. (NYSE: ALO), a global specialty pharmaceutical company, confirmed that it received an unsolicited, non-binding proposal from King Pharmaceuticals, Inc. (NYSE: KG) to acquire all of the outstanding shares of Alpharma for $33.00 per share in cash. Alpharma said that proposal was identical in all material respects to two prior proposals made privately by King to the company.
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