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Finance
Swiss fund BB Biotech offers shareholders 10% in cash, share buybacks
BB's backup plan
-- Stacy Lawrence
Published on
Monday, July 23, 2012
BB's backup plan
Swiss fund BB Biotech
offered a plan last week to provide a 10% annual return to shareholders through
cash distributions and continued share buybacks. The proposal is a response to
an offer by the Vontobel Group to take the fund private.
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