Taro Terminates Merger Agreement with Sun Pharmaceutical Industries Ltd. (Centre Daily Times)
Story date: 2008-05-28 04:28:42
Added on: 2008-05-28 06:26:32
Taro Pharmaceutical Industries Ltd. ("Taro," the "Company," Pink Sheets: TAROF) today announced that its Board of Directors unanimously voted to terminate the May 18, 2007 merger agreement (the "Merger Agreement") between the Company and Aditya Acquisition Company Ltd., a subsidiary of Sun Pharmaceutical Industries Ltd. ("Sun," Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715). ...
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