Wednesday, May 11, 2011

Big InterMune shareholder weighs sale

If trackers of InterMune Inc. can’t get The Clash out of their heads, there’s good reason: Should they stay or should they go?
The issue is that investment firm Warburg Pincus may opt to sell all or a significant chunk of its holdings in InterMune Inc., the Brisbane company that late last month beat down rumors that it was being shopped.
InterMune (NASDAQ: ITMN) said in a Securities and Exchange Commission filing Tuesday that Warburg Pincus is “actively considering” selling its InterMune holdings as early as the end of next month.

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