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Fly News Breaks for March 21, 2016
ACOR, BITI
Mar 21, 2016 | 07:14 EDT
RBC Capital downgraded Biotie (BITI) as it believes that the chances of a competing bid for the company have declined, two months after Acorda (ACOR) made a takeover bid for it.The firm expects Acorda's takeover to close. Target to $25.60 from $35.
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