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Valeant Pharmaceuticals (VRX) withdraws its buyout offer of $7.50 per share for ITSA...

Valeant Pharmaceuticals (VRX) withdraws its buyout offer of $7.50 per share for ITSA Pharmaceuticals (ISTA) due to what it calls a "lack of progress" with ISTA's management team. Shares of ISTA -8.4% premarket.
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