Emergent Sells, Buys Assets to Improve Performance

Summary


MANAVIGATOR-August 7, 2009-Emergent sells, buys assets to improve performance (C)2010 M2 COMMUNICATIONS http://www.m2.com

US bio-drug maker Emergent BioSolutions (NYSE:EBS) said Thursday that it has inked several real estate deals that would expand its manufacturing infrastructure, cut its debt, increase its flexibility and reduce its operating expenses.

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Emergent Sells, Buys Assets to Improve Performance

The company said it would sell its Frederic...

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