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Ariad to sell to 3,112,945 shares in follow-on via Credit Suisse
By Ronda Fears
Memphis, Oct. 19 - After Thursday's closing bell, Ariad Pharmaceuticals, Inc. announced plans to sell 3,112,945 shares in a follow-on offering via bookrunner Credit Suisse Securities (USA) LLC.
There will be a greenshoe of 466,942 shares available.
Cambridge, Mass.-based Ariad develops breakthrough medicines to treat cancer by regulating cell signaling with small molecules.
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