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Nov 25, 2013
 |  BC Week In Review  |  Company News  |  Deals

Cardiome, Correvio deal

Cardiome acquired cardiovascular company Correvio in a cash and stock deal. Correvio shareholders received 19.9% of Cardiome's outstanding shares, or about 2.5 million shares, valued at about $9.6 million based on Cardiome's close of $3.88 on Nov. 15, the last day of trading before the deal was announced. Cardiome will also pay $12 million in deferred...

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