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Galen is buying fellow UK pharma company Warner Chilcott in an all-stock transaction that values Warner at $406mm on a fully diluted basis. Warner Chilcott shareholders will get 2.5 Galen shares for each Warner American Depository Share, which trade on Nasdaq. Galen shares currently trade of the London Stock Exchange but the after the merger it will file to trade on Nasdaq also.
Payment Includes Stock
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