Actavis Chairman Offers $4.5 Billion for Drug Company

May 11, 2007 |

1 min read

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STOCKHOLM/LONDON, May 10 (Reuters) - Iceland's Actavis (ACT.IC: Quote, Profile , Research) said an investment firm led by its own chairman planned to make a $4.5 billion bid for the generic drugmaker, sending its shares sharply higher on Thursday.

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