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Patheon Suitor Sets Deadline For Shareholders

By Pharmaceutical Processing | April 22, 2009

NEW YORK — JLL Partners, Inc. says its offer to buy any and all of the restricted voting shares of Patheon Inc. until May 7. Patheon’s board has been resisting JLL’s unsolicited offer of US$2 cash per share. JLL says all the conditions set by an Ontario regulator last week have been satisfied, so the offer will proceed.

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