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Frugal Tip

What's the reason for Biogen's drastic increase in debt?

Mr Cheaply On 7:11 AM

Debt rose by ~ $6bn, yet Biogen's cash on hand did not increase. Moreover, it did not make any large acquisitions recently. Does any have any idea why this may have happened?

Submitted July 11, 2017 at 09:35AM by mrtylerrr http://ift.tt/2tachVf

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What's the reason for Biogen's drastic increase in debt?

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