GW Pharma (GWPH) Said to Hire Advisers Following Approach - Reuters

September 7, 2016 2:48 PM EDT

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(Updated - September 7, 2016 3:02 PM EDT)

GW Pharma (NASDAQ: GWPH) is working with an investment bank following approaches from drug makers that expressed interest in acquiring it, according to Reuters, citing people familiar with the matter.

GW Pharma reportedly hired Morgan Stanley to help handle overtures, and it is not currently interested in exploring a sale. The identity of the potential suitors could not be established.

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