Battered King picks new CFO after months of questions

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King Pharmaceuticals appointed Joseph Squicciarino chief financial officer.
News of the former Revlon CFO's appointment buoyed the troubled company's stocks, battered in recent months by a botched merger and questions over past earnings statements. A bid by Mylan Laboratories to acquire King was scuttled in February after the Bristol, Tenn.-based company said it would have to restate earnings results from 2002 through the first half of 2004. Squicciarino, who worked for
Johnson & Johnson and Bristol- Myers Squibb before joining Revlon, succeeds James Lattanzi, whose retirement was announced in April.

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