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Forest Laboratories (FRX) Enters Ageement With Morgan Stanley (MS) for Additional $350 Million Buyback Plan

August 15, 2011 5:50 PM EDT
Forest Laboratories, Inc. (NYSE: FRX) announced today that it has entered into an agreement with Morgan Stanley & Co. (NYSE: MS) Incorporated to repurchase an additional $350 million of its common shares under an accelerated share repurchase program.

Forest will acquire these common shares under the Board authorized fifty million share repurchase program announced on May 18, 2010.


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