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Corporate and Industrial News
by ruth on January 10, 2006

"After completion of due diligence and an assessment of the potential benefits and risks of an acquisition, Novartis has decided not to make an offer for Berna Biotech," Novartis said on Tuesday in a statement.
Crucell shareholders are expected to vote on the company's plan to take over Berna for around $450 million at a meeting later on Tuesday.
Read the rest of the story from MSN Money.
Permalink: Novartis Will Not Bid For Berna Biotech
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