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In Brief: Dade International/Behring Diagnostics

This article was originally published in The Gray Sheet

Executive Summary

Dade International/Behring Diagnostics: Firms complete merger agreement to create $1.5 bil. worldwide diagnostics concern with 8,700 employees and manufacturing and marketing operations in 22 countries. Under terms of the deal, announced March 12 ("The Gray Sheet" March 17, p. 3), former Behring parent Hoechst AG retains a 32.5% stake in the combined entity, which is renamed Dade Behring...

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