Raleigh, N.C. — The saga of Raleigh-born Salix Pharmaceuticals - launched in 1989 - came to a close, at least as a stand-alone company, Wednesday with the formal closing of the $11 billion acquisition that makes Salix part of Canada-based Valeant Pharmaceuticals.
Salix, the headquarters of which is located in North Raleigh, will operate as a subsidiary of Valeant.
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