TPG and CPP IMS Health shares surge on planned acquisition

Thu Nov 5, 2009 3:06pm GMT
 
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NEW YORK, Nov 5 (Reuters) - IMS Health Inc (RX.N) shares jumped 24.2 percent to $20.88 on Thursday after the tracker of market data on the pharmaceutical industry agreed to be acquired by investment funds managed by TPG Capital and the CPP Investment Board for $5.2 billion, including the assumption of debt. [ID:nWNAB1118]

(Reporting by Chuck Mikolajczak)

 

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