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Actionable news in DEPO: Depomed, Inc.,

Depomed dives as activist investor fight leads to new CEO, board members

Depomed Inc. DEPO, -5.90% announced a series of changes at the top after a battle with an activist investor Tuesday, and warned that first-quarter revenue will be lower than expected, sending shares down. The pain-medication company announced that Chief Executive James Schoeneck had resigned and will be replaced by Arthur Higgins, the former CEO of Bayer Healthcare. Higgins...


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