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PHARMACEUTICALS

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<i> Times Staff and Wire Reports</i>

Schein to Acquire Drug Maker: The Florham Park, N.J.-based company said it will acquire Marsam Pharmaceuticals Inc., another drug manufacturer, for about $240 million cash. Under the agreement, Schein Pharmaceutical Inc. said it expects to make a cash tender offer of $21 for each of Marsam’s outstanding common shares beginning Friday through Sept. 1.

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