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Biogen to explore merger opportunities
By Susanna Moon
Chicago, Oct. 12 - Biogen Idec Inc. said its board has authorized the company's management to evaluate whether third parties would have an interest in acquiring the company.
Investors expressing interest in a possible deal with Biogen include Carl Icahn, according to a press release.
The Cambridge, Mass.-based pharmaceutical company said it hired Goldman Sachs & Co. and Merrill Lynch & Co. as financial advisers to assist in the process.
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