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Roche increases Genentech offer to $45.7 billion (Reuters)

Started by riky, March 07, 2009, 02:01:55 AM

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riky

Roche increases Genentech offer to $45.7 billion
    (Reuters)

 



Reuters - Roche Holding AG raised its bid to buy out the minority shareholders of Genentech Inc  by 7.5 percent to $93 a share and extended its tender offer by a week, driving Genentech shares more than 11 percent higher on Friday.


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