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BRIEF-Spencer Pharma's board of directors in favour of buyout offer

Nov 12 (Reuters) - Spencer Pharmaceutical Inc: * Pharmaceutical's board of directors in favour of buyout offer * Says its board of directors is in favour of the buyout offer at $0.97 per share. ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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