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Facet Biotech rallies shareholders to reject Biogen Idec's approach
02 October 2009
Christopher Spillane
Facet Biotech has urged its shareholders to shun Biogen Idec's $356 million hostile bid for the company. Facet's board was unanimous in its recommendation to rebuff the "inadequate" unsolicited offer, believing it does not reflect the company's value or future prospects.
Biogen Idec took its...



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