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Jones buys Daniels, strengthening position in thyroid drugs

Executive Summary

Jones Medical (specialty pharmaceuticals manufacturer) signed a definitive agreement to acquire all outstanding shares of Daniels Pharmaceuticals (makes Levoxyl thyroid hormone and other prescription drugs) for 3mm common shares worth about $100mm.
Deal Industry
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Stock

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