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Pfizer Continues Buyout Trend, Paying $1.9B To Take Vicuron

By Randall Osborne


Friday, June 17, 2005
Vicuron Pharmaceuticals Inc.'s stock value skyrocketed on news that the firm has become the latest takeover target for Pfizer Inc., which made public its plan to buy the company for $29.10 per share, or about $1.9 billion - a 74-whopping-percent premium over the firm's 90-day average closing price and 21 percent higher than the highest historical closing price. (BioWorld Today)

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