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      "text": "Biogen Inc.’s hemophilia assets were underappreciated; The most optimal method to maximize shareholder value was to spin the hemophilia assets",
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      "text": "Alex Denner in February 2017 effectuated a spinoff; Within weeks, Biogen’s share price recovered; In January 2018, Sanofi announced acquisition for $11.6Bn",
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      "text": "Alex Denner’s orchestrated spin of Bioverativ generated $11.6Bn of value for shareholders",
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