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DewDiligence

09/05/13 6:55 AM

#166045 RE: BTH #166040

The Otsuka-ASTX deal is now official at $8.50/sh in cash:

http://finance.yahoo.com/news/otsuka-pharmaceutical-acquire-astex-pharmaceuticals-074825124.html

CC today at 8am ET.

The buyout price is a 27% premium to Tuesday’s closing price of $6.68. The deal has a value of $886M on a fully-diluted basis.