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Endo Pharma (ENDP) Extends Period of Tender Offer for Shares of Indevus (IDEV)

March 2, 2009 10:03 AM EST
ENDP Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

EPS Growth %: -13.0%
Endo Pharmaceuticals (Nasdaq: ENDP) announced today that it has extended the subsequent offering period of the tender offer by its wholly owned subsidiary, BTB Purchaser Inc., for all of the outstanding shares of common stock of Indevus Pharmaceuticals, Inc. (Nasdaq: IDEV). The subsequent offering period will now expire at 5:00 p.m. New York City time on Friday, March 13, 2009.

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