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Sanofi Pursues Genzyme, But For How Long?

Executive Summary

Sanofi-Aventis SA's hostile bid for Genzyme Corp. creates difficult choices for the Cambridge, Mass.-based biotech's investors. Do they continue to trust Genzyme's management team, despite its track record of missteps and overly enthusiastic and frequently wrong guidance? Or should they cash out now while there is a clear and certain opportunity?
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