Epic Research

Tuesday, December 31, 2013

EPIC UPDATE : TARO PHARMA

Announces final results of modified ‘Dutch Auction’ tender offer

1.96 million ordinary shares tendered at purchase price of USD 97.50/share

To spend USD 191 million (versus earlier estimated USD 200 million) to purchase stake

To acquire 1.9 million ordinary shares, representing 4.4 percent of company’s outstanding ordinary shares

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