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JNJ Stock Advances After Hours On $5.5B Proposal To Resolve Talc Litigation

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JNJ stock rose in after-hours trading following a $5.5 billion proposal to resolve talc litigation.
The proposal covers remaining ovarian talc litigation in federal multidistrict litigation and related state court cases.
The healthcare company aims to settle all talc-related lawsuits with this agreement.
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Rajeev Chandrasekhar / Jupiter Capital interests historically