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IMS Health will be bought by TPG, CPP

Posted on November 5, 2009 2:00 PM
Healthcare consultant and data provider IMS Health Inc. announced Thursday that it would be acquired by TPG Capital and CPP Investment Board in a transaction valued at $5.2 billion.

Norwalk, Conn.-based IMS announced last month it was exploring strategic options. The company compiles and stores data on prescription drug sales in more than 100 countries, reporting $2.3 billion in 2008 sales.

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