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Baxalta offers to buy Ariad

By: MarketMinute.com Stock News
CNBC reported that Baxalta Inc. (NYSE: BXLT) offered to acquire Ariad Pharmaceuticals Inc. (Nasdaq: ARIA). Shares of Baxalta dropped $1.18 to close at $35.25 while Ariad stock leaped $2.91 to close at $9.89.


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