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Amag hires advisor to explore strategic opportunities

By Chris Reidy

 |  Globe Staff  

  November 17, 2011

Amag Pharmaceuticals Inc., which earlier this month announced job cuts and the resignation of its chief executive, announced today that it has hired a strategic advisor to assist it in “identifying and evaluating various strategies to enhance stockholder value.” Amag added that it is reviewing a potential sale of the company as one of its options. The advisor is Jefferies & Company Inc.

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