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Sanofi-aventis Commences Tender Offer To Acquire All Outstanding Shares of Genzyme For $69 Per Share In Cash

By TechAgreements

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While sanofi-aventis' strong preference is to engage in constructive discussions with Genzyme, Genzyme's Board and management team's continued refusal to do so has led sanofi-aventis to commence the tender offer. A meeting between the two CEOs on September 20, 2010, proved unproductive, despite several attempts by sanofi-aventis to advance discussions. Sanofi-aventis executives met recently with..

Full post as published by TechAgreements on October 04, 2010 (boomark / email).

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