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Deals Rumor Mill: Harvard Drug, Canaan, Alibaba

By Chelsea Naso (July 31, 2014, 5:05 PM EDT) -- New York-based Court Square Capital Partners could rake in $1 billion by putting generic drug-focused pharmaceutical distributor Harvard Drug Group LLC on the auction block, sources told The Wall Street Journal on Thursday. Harvard Drug has tapped Credit Suisse Group to handle the sale process, which will likely draw the interest of other private equity firms and large pharmaceutical companies as more and more U.S. patients turn to generic drugs for cost savings, the report said....

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