Javelin

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Hospira expect to close on Javelin Friday

Javelin Pharmaceuticals Inc. said Thursday it accepted a tender offer by Hospira Inc. to buy about 79 percent of the company’s shares. Under the offer, which expired on Wednesday at midnight, Hospira will purchase about 51.3 million shares at $2.20 per share. Javelin said the merger is expected to be completed by Friday. Get the full story »