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Tracie buys AKRX 29.77: Akorn Shares Gaining On $41 Million Sale Of Branded Drugs Unit To Valeant


Akorn (NASDAQ: AKRX) sold its branded drug unit for $41 million and saw its shares gain nearly four percent Friday morning. The unit, ECR Pharmaceuticals, went to Valeant Pharmaceuticals (NYSE: VRX) for a combination of $41 million cash and debt ... ...


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