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Published on 10/23/2007 in the Prospect News Special Situations Daily.

Bioenvision no longer traded as merger with Genzyme concludes

By Lisa Kerner

Charlotte, N.C., Oct. 23 - The merger of Bioenvision, Inc. and Genzyme Corp. is complete, as Bioenvision stock officially ceased trading, according to a form 15 filing with the Securities and Exchange Commission.

Bioenvision shareholders approved the $345 million deal, which gives them $5.60 per share, on Monday.

Bioenvision is a New York biopharmaceutical company, and Genzyme is a Cambridge, Mass.-based biotechnology company.


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