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Dendreon proposes follow-on

December 9, 2009 2:40 AM UTC

Dendreon Corp. (NASDAQ:DNDN) proposed late Tuesday to sell 15 million shares in a follow-on underwritten by JPMorgan and Deutsche Bank. If sold at Tuesday's close of $26.64, the company would raise $399.6 million. Dendreon was down $0.43 on the day. ...