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12:00 AM
 | 
Apr 11, 2011
 |  BC Week In Review  |  Company News  |  Deals

Inspire, Merck deal

Merck will acquire ophthalmic company Inspire for $5 per share, or about $430 million in cash. The price is a 26% premium to Inspire's close of $3.98 on April 4, the day before the deal was announced. The boards of both companies have approved the deal. Merck said Inspire's commercialization organization will...

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