International Murex Inc. said Monday that Edward J. DeBartoloSr. and Edward DeBartolo Jr. have exercised 484,560 and200,000 warrants, respectively, receiving a total of 342,280common shares. The exercise of the 684,560 DeBartolowarrants provides the Toronto company with more than (U.S.)$1.7 million in cash and represents approximately 2.3 percentof the outstanding shares of the company and 4.8 percent ofthe DeBartolo's fully diluted share ownership. InternationalMurex (AMEX:MXX) develops diagnostic tests for infectiousdiseases and products for the blood banking industry.
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