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ARIAD Announces Proposed Public Offering of Common Stock
ARIAD Pharmaceuticals, 08/05/09
ARIAD Pharmaceuticals, Inc. announced that it intends to offer, subject to market and other conditions, 17,000,000 shares of its common stock in an underwritten public offering. ARIAD expects to grant the underwriters a thirty–day option to purchase up to 2,550,000 additional shares to cover over–allotments, if any.
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