Chesterbrook Pa. Auxilium Pharmaceuticals Selling Company to Endo International for $2.6B

Joseph N. DiStefano
The Philadelphia Inquirer
Posted with permission from MCT Information Services
 
PHILADELPHIA —Drugmaker Endo International P.L.C, run largely from Malvern, Pa., but incorporated in Ireland, said Thursday that it has convinced directors of Auxilium Pharmaceuticals, a Chesterbrook, Pa.-based maker of testosterone-replacement medications, to sell the company for $2.6 billion in cash and debt, including $33.25 (in cash or stock) for each Auxilium share. That\’s a 55 percent…

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