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EU OKs Novartis-Alcon Deal Following Sale Of Assets

By Melissa Lipman (August 10, 2010, 11:24 AM EDT) -- The European Commission has approved Novartis AG's bid to take over a majority stake in Alcon Laboratories Inc. based on Novartis' promise to sell off several ophthalmological drugs and consumer eye care products in the region, making the U.S. the last major jurisdiction that has yet to sign off on the deal....

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