(Reuters) - PHILADELPHIA, June 25 - Swiss drugmaker Roche said on Monday it would launch a tender offer to acquire Ventana Medical Systems Inc. for about $3 billion, or $75 per share in cash, after its efforts to negotiate a merger were rebuffed.
The offer represents a 45 percent premium to Ventana's closing stock price of $51.74 on Monday on Nasdaq. Trading in shares of Ventana was halted for the announcement. When extended trading resumed, Ventana's share jumped 52 percent.
Read more at Reuters.com Mergers News
The offer represents a 45 percent premium to Ventana's closing stock price of $51.74 on Monday on Nasdaq. Trading in shares of Ventana was halted for the announcement. When extended trading resumed, Ventana's share jumped 52 percent.
Read more at Reuters.com Mergers News
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