Astellas Pharma Terminates $16/Sh Offer for CV Therapeutics (CVTX), Clearing Way For Gilead
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Astellas Pharma Inc said it will terminate its $16.00 per share offer for CV Therapeutics, Inc. (Nasdaq: CVTX) and will not propose directors for the CV Therapeutics Board of Directors or make any other proposals at CV Therapeutics' 2009 annual meeting.
Late last week, CV Therapeutics agreed to be acquired by Gilead (Nasdaq: GILD) for $20 per share.
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