France's Sanofi to buy Synthorx for $2.5 billion

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France's Sanofi to buy Synthorx for $2.5 billion
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France's Sanofi said on Monday it had agreed to buy Synthorx in a cash deal...

FILE PHOTO: The logo of Sanofi is seen at the company's research and production centre in Vitry-sur-Seine, France, August 6, 2019. REUTERS/Charles Platiau

Under the terms of the merger agreement, Sanofi has offered to buy all of the outstanding shares of Synthorx common stock for $68 per share in cash.

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