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Symbion Capitulates, Nearing End To Primary’s Takeover Of Australian Health Care Giant

This article was originally published in PharmAsia News

Executive Summary

The months-long battle between Australia's giant health care companies appeared near an end when Primary Healthcare said it had won control of a majority of Symbion Healthcare. The Symbion board capitulated in the battle and recommended shareholders accept the buyout when Primary gained 50.1 percent of the shares. Among the businesses at sake is Symbion's pharmacy business. (Click here for more

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