Roche to Acquire Ventana Medical (VMSI) For $89.50/Share
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Roche and Ventana Medical Systems (Nasdaq: VMSI) signed a definitive merger agreement. Under the terms of the agreement, Roche will increase the purchase price in the tender offer for Ventana common shares to $89.50 per share in cash (or an aggregate of approximately $3.4 billion on a fully diluted basis), and Ventana's Board of Directors will recommend that Ventana's shareholders tender their shares to Roche.
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