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Endo Pharmaceuticals Prices Stock Offering

 

Endo Pharmaceuticals (ENDP Quote) was lower a day after the company priced an offering of 15 million common shares at $15.50 each, the majority of which are being sold by the company's controlling shareholder, Endo Pharma LLC.

The shares are being offered through an underwriting syndicate led by Citigroup Global Markets and Bear Stearns. All of the shares are currently issued and outstanding. ...

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