Dec 4 (Reuters) - Nitromed Inc:
* Says proposal for $0.50 per share in cash
* Says board and its advisors are evaluating the proposal
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* Says proposal for $0.50 per share in cash
* Says board and its advisors are evaluating the proposal
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.