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Genzyme agrees ceasefire with major shareholder
12 January 2010
Christopher Spillane

christopher.spillane@informa.com

Genzyme has agreed a truce with an activist investor and could relinquish a board seat as the firm shores up support for its management. The biotech, which has had a fraught time with investors, has signed a "mutual cooperation agreement" with Relational Investors, a major shareholder.

According...



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