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Receptos Investor Sues To Block Celgene's $7.2B Buyout

By Daniel Langhorne ( July 21, 2015, 11:06 PM EDT) -- A Receptos Inc. shareholder sued the San Diego biopharmaceutical company and Celgene Corp. on Monday seeking to block Celgene's proposed $7.2 billion buyout, saying Receptos' leaders breached their fiduciary duties by accepting an offer that undervalued the company just as it is poised for tremendous growth....

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