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Nabi Pharmaceuticals, Hedge Fund Reach Deal on Directors, Chairman

15th Nov 2006, 02:36 GMT

By Stephen Pounds, The Palm Beach Post, Fla. Nov. 14--Nabi Biopharmaceuticals Inc. and New York-based hedge fund Third Point LLC announced Monday they have reached a settlement on Third Point's plans to unseat Chairman Tom McLain and a majority of Nabi's board.

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