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Concordia shares fall as Blackstone, Carlyle reportedly walk away from sale

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Concordia Healthcare traded nearly 10 percent lower after The Wall Street Journal reported that Blackstone and The Carlyle Group walked away from the Canadian firm's sale process.

None of the three firms immediately responded to CNBC's request for comment.

On April 21, Bloomberg reported that Blackstone Group was thinking about acquiring Concordia.

The health care firm's stock has gained about 6 percent over the past month but has shed more than 30 percent in 2016.

CXRX year to dateSource: FactSet

Click here for the Journal's full report.