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Chalk One Up For Shareholders: MedImmune Put Up For Sale

By Jim Shrine


Friday, April 13, 2007
The bidding for MedImmune Inc. can now begin in earnest. The Gaithersburg, Md.-based company, apparently bowing to pressure from disgruntled shareholders, said it was exploring the option of selling the company. Opening bids likely would start at more than $10 billion, following the 15.3 percent gain in the stock's price Thursday. (BioWorld Today)

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