QLT diversifies with Atrix acquisition

Article Abstract:

QLT Inc. revealed a $751-million (U.S.) deal by acquiring Atrix Laboratories Inc. of Colorado to expand its product pipeline, to diversify beyond its flagship Visudyne anti-blindness drug, which is expected to boost QLT revenue. The transaction offer value is approximately $855-million and the transaction value net of Atrix's cash is $751-million.

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Western Star merger talks could affect plants

Article Abstract:

Vancouver, BC-based Western Star Trucks Inc., which is engaged in merger talks with an unnamed firm, may be forced to reevaluate plans for plant expansions in Ontario and British Columbia if it is sold. Industry analysts believe that Western Star is negotiating with Portland, Ore.-based Freightliner Corp.

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Western may sell assets to pay off debts

Article Abstract:

The asset selling plans of Western Forest Products Ltd., which is attributed to company's dismal performance in second quarter revenues, are examined.

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