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Shire to buy Dyax for $5.9 billion, still wants Baxalta

November 2, 2015 by · Leave a Comment 

Shire Plc has agreed to buy U.S. rare disease specialist Dyax Corp for about $5.9 billion – and potentially up to $6.5 billion – while still pursuing a five times larger unsolicited bid for Baxalta Inc . Given its existing HAE presence, Ornskov acknowledged the deal would be scrutinized by antitrust authorities and he said Shire was already preparing for this.

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Shire to buy Dyax for $5.9 billion, still wants Baxalta

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Porsche, more Audi models pulled into VW emissions scandal

November 2, 2015 by · Leave a Comment 

By Patrick Rucker and Timothy Gardner WASHINGTON (Reuters) – Volkswagen used devices to cheat air pollution tests in diesel luxury vehicles, U.S. environmental regulators said on Monday, in a new blow to the automaker already reeling from similar allegations regarding…

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Porsche, more Audi models pulled into VW emissions scandal

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U.S. on track to grow 1.9 percent in fourth quarter: Atlanta Fed

November 2, 2015 by · Leave a Comment 

The U.S. economy is on track to grow 1.9 percent in the fourth quarter with expected weaker consumer spending and equipment investment growth following a private report on U.S. manufacturing in October, the Atlanta Federal Reserve's GDPNow forecast model showed on Monday. This was slower than the regional Fed's prior estimate of 2.5 percent rate on Friday, the Atlanta Fed said on its website. The model downgraded its outlook…

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U.S. on track to grow 1.9 percent in fourth quarter: Atlanta Fed

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Visa to buy Visa Europe in deal worth as much as $23 billion

November 2, 2015 by · Leave a Comment 

The price for the long-anticipated deal was higher than many had expected, but ended a period of strategic uncertainty that had dogged Visa in recent months. Visa Inc and Visa Europe, a cooperative of European banks with more than 500 million cards, were part of a global bank-owned network until 2007. Most of the units merged to form Visa Inc, which went public in 2008, leaving Visa Europe

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Visa to buy Visa Europe in deal worth as much as $23 billion