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Dyax Corp announces common stock offering.
(From Chemical Business NewsBase - Press Release)
Dyax Corp has agreed to sell 5.22 M shares of its common stock in an underwritten public offering. Pursuant to the terms of the underwriting agreement, the shares will be offered to the public at a price of $7.93/share, which is based on the 5 trading day average closing price of Dyax common stock through 30 Dec 2003. The proceeds of the financing will be …
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