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Roche makes lowered, hostile bid for Genentech (AP)

Started by riky, January 30, 2009, 07:00:59 PM

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riky

Roche makes lowered, hostile bid for Genentech
    (AP)

 


AP - Swiss drugmaker Roche Holding AG made a fresh bid to buy Genentech Inc. Friday by offering $86.50 per share ? $2.50 less than its previous offer ? directly to shareholders.


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