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Fly News Breaks for August 22, 2016
RLYP
Aug 22, 2016 | 07:44 EDT
As noted earlier, Stifel downgraded Relypsa to Hold from Buy. Analyst Stephen Wiley downgraded the stock after Galenica Group announced the proposed acquisition of the company for $32 per share in cash. The analyst does not expect any additional strategic bidders to emerge.
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