Illumina (ILMN) Jumps on Speculation of New, Higher Bid from Roche
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Roche Won't Extend Tender Offer for Illumina (ILMN)
April 18, 2012 9:07 AM EDTRoche released the following statement based on preliminary estimates indicating the re-election of the incumbent directors of Illumina, Inc. (NASDAQ: ILMN) at the Illumina annual meeting:
In view of the apparent re-election of the incumbent directors of Illumina, Roche has decided not to... More
Roche Launches $5.7 Billion Hostile Bid for Illumina (ILMN)
January 24, 2012 10:52 PM ESTLate Tuesday, Roche announced a proposal to acquire all outstanding shares of Illumina, Inc. (NASDAQ: ILMN) for $44.50 per share in cash, or an aggregate of approximately $5.7 billion on a fully diluted basis.
This offer represents a approx. 18%... More
