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Avoiding de-Forestation

Forest Labs offers to shake up board in response to Icahn

Avoiding de-Forestation

Forest Laboratories Inc. (NYSE:FRX) intends to introduce some fresh faces in the boardroom, following the intimation by activist investor Carl Icahn that its board and management had become too cozy. The company unveiled a new slate of directors last week that would replace two of its longest serving board members with three new independent

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