Trimeris (TRMS) Acquired by Arigene Co. for $3.60/Share in Cash

October 19, 2009 7:16 AM EDT

Trimeris (NASDAQ: TRMS) will be acquired by Arigene Co., a Korean corporation traded on the Korean Securities Dealers Association Quotation System. Arigene is a wholly owned subsidiary of RTM Acquisition Co.

Upon the successful closing of the tender offer, stockholders of Trimeris will receive $3.60 in cash, without interest and less any required withholding taxes, for each share of Trimeris common stock tendered in the offer.

Wilmer Cutler Pickering Hale and Dorr LLP is acting as legal advisor to Trimeris for this transaction. HCube Advisors, Inc. acted as financial advisor and K&L Gates, LLP is acting as legal advisor to Arigene.


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