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Chinook Therapeutics Enters into Agreement to be Acquired by Novartis AG

Benzinga

Novartis to acquire Chinook for $40 per share in cash, with potential to receive up to an additional $4 per share in cash through contingent value rights, for a total equity value of up to approximately $3.5 The transaction has been unanimously approved by the Boards of Directors of both companies. "We

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