News
23 Jul 2012
TPG Set to Buy Par Pharmaceuticals
Generic drug maker Par Pharmaceuticals has agreed to be bought for $1.9 billion by TPG.
Private equity group TPG has agreed to purchase Par Pharmaceuticals for $1.9 billion, with shareholders receiving $50 per share in cash.
This represents a 37 per cent premium above the generic drug maker's closing share price on July 13th 2012.
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