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Sanofi-Aventis Snaps Up Chattem For $1.9B

By Eric Hornbeck (December 21, 2009, 3:55 PM EST) -- Sanofi-Aventis SA will pay about $1.9 billion to acquire U.S. health care and consumer product company Chattem Inc., giving the French pharmaceutical company direct access to the over-the-counter and consumer branded medication market in the United States, the companies announced Monday in a joint statement....

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