FDAnews Drug Daily Bulletin

BARR TO FILE BINDING OFFER FOR PLIVA

June 9, 2006
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US Barr Pharmaceuticals is expected to submit a binding offer for Pliva shares in about ten days, 'CT' reports. Even though it was speculated in Croatian in the past several days that in the race for Pliva company's shares could hike to Kn 750 and even Kn 800 per share, not much was said about much lower bid from Barr — about Kn 620 per share.
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