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5:41 PM
 | 
Mar 27, 2008
 |  BC Extra  |  Financial News

Avanir to raise $40 million

Avanir (NASDAQ:AVNR) plans to raise $40 million in a registered direct offering of 35 million units at $1.14. Each unit comprises one share of common stock priced at $1.10, which is a penny discount to Avanir's close of...

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