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Published on 12/21/2007 in the Prospect News Special Situations Daily.

D.E. Shaw increases ownership of Endo to 9.6%

By Lisa Kerner

Charlotte, N.C., Dec. 21 - Affiliates of D.E. Shaw Composite International Fund increased their ownership of Endo Pharmaceuticals Holdings Inc. to 9.6% from 8.4%, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors bought a total of 1,650,545 shares of Endo stock between Nov. 21 and Dec. 19 priced from $26.05 to $28.00 per share.

D.E. Shaw now owns 12,938,532 shares of Endo.

Endo is a pharmaceutical company based in Chadds Ford, Pa.


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