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ARTICLE | Company News

PPD to go private in $3.9B deal

October 4, 2011 12:35 AM UTC

The Carlyle Group and Hellman & Friedman will take CRO PPD Inc. (NASDAQ:PPDI) private for $33.25 per share in cash, or $3.9 billion. The price is a 30% premium to PPD's close of $25.66 on Friday, befo...