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Cangene Corp announces approval by shareholders for acquisition by Emergent BioSolutions

Thursday, 13 Feb 2014 08:00am EST 

Cangene Corp:Says its shareholders have approved the previously announced acquisition by Emergent BioSolutions at a special meeting.Says acquisition will be implemented through a plan of arrangement under canadian law, under which cangene shareholders will receive $3.24 per share (C$3.57(1) per share) in cash, for an aggregate purchase price of $222 mln about C$245 mln(2)). 

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