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spartex

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spartex

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Thursday, 04/12/2007 8:14:33 AM

Thursday, April 12, 2007 8:14:33 AM

Post# of 252689
MedImmune up as sources say Goldman hired
Thu Apr 12, 2007 7:19am ET

NEW YORK (Reuters) - Shares of MedImmune Inc. (MEDI.O: Quote, Profile , Research) rose 3 percent before the bell on Thursday after sources told Reuters the biotechnology company had hired Goldman Sachs to help with a possible sale of the company.
In consolidated electronic trading ahead of the opening bell, the stock was up $1.26 at $39 after closing Wednesday at $37.84 on Nasdaq.
Based on Wednesday's closing price, the company has a market capitalization of about $8.8 billion. Its stock has not traded above $39 since August 2003.


http://today.reuters.com/news/articleinvesting.aspx?type=hotStocksNews&storyID=2007-04-12T111946...
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