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Sanofi-Aventis (France) Said To Be Unwilling to Raise Genzyme Corporation Price; Moves Closer to Hostile Bid
August 26, 2010
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Bloomberg -- Sanofi-Aventis SA is unwilling to pay more than $70 a share for Genzyme Corp. and may consider alternative takeover targets should the transaction fail, according to three people with knowledge of the matter.
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