Par Pharma (PRX) Completes $410M Acquisition of Anchen Pharma

November 17, 2011 12:46 PM EST
Par Pharmaceutical Companies, Inc. (NYSE: PRX) today announced that it has completed its acquisition of Anchen Pharmaceuticals, a privately-held specialty pharmaceutical company focused on developing and commercializing extended release and niche generic products.

The $410 million purchase price was financed with cash on hand and a $350 million term loan.


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