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FTC Overturns Approval of $7 Billion Illumina-Grail Deal


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It's probably too late to put the champagne back in the bottle.

Some six months after biotech giant Illumina gained regulatory approval for its $7 billion acquisition of cancer-screening company Grail, the Federal Trade Commission is stepping in to overturn the decision and putting the kibosh on the entire deal.

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Source Fool.com


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