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jbog

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jbog

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Tuesday, 10/12/2010 8:20:11 AM

Tuesday, October 12, 2010 8:20:11 AM

Post# of 251788
Pfizer Inc. says it has agreed to buy King Pharmaceuticals Inc. for $3.6 billion in cash.

The price for the Tennessee drugmaker represents a hefty 40 percent premium over King's closing price on Monday. It would broaden Pfizer's array of painkillers and drug delivery devices.
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