Biosite Incorporated
Officials from Biosite Incorporated report latest developments
Published in Healthcare Finance, Tax and Law Weekly, July 18th, 2007
This trend article is an immediate alert from NewsRx to identify the most recent news developments at Biosite Incorporated.
Report 1: Biosite Incorporated (NASDAQ:BSTE) announced that it has received a letter from Inverness Medical Innovations, Inc. (AMEX:IMA) contemplating an offer by Inverness to purchase, by way of a cash tender offer, 100% of the outstanding shares of common stock of Biosite not already owned by Inverness for $92.50 per share in cash. The letter was accompanied by a merger agreement signed by Inverness and copies of signed commitment letters from Inverness' proposed...
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