Quintiles Transnational Corp. Pact With TPG-Axon May Exceed $1 Billion

NEW YORK, May 11 (Reuters) - TPG-Axon Capital, a $5.8 billion hedge fund managed by former Goldman Sachs star trader Dinakar Singh, may spend $1 billion or more in coming years to expand its drug development alliance with Quintiles Transnational Corp. (QTRN.O: Quote, Profile, Research), Quintiles said on Thursday.

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