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UPDATE 4-Baxter plans to spin off biotech business in 2015 – Reuters

UPDATE 4-Baxter plans to spin off biotech business in 2015 – Reuters

Thu Mar 27, 2014 12:40pm EDT (Adds Breakingviews link, updates stock price) March 27 (Reuters) – Baxter International Inc said on Thursday it would spin off its biotechnology operations into a publicly traded company by the middle of next year and focus on its core medical technology business, sending its shares up more than 4 […]

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