Manufacturing Industry
SHIRE PLC - Merger Update.
PR Newswire UK Disclose, March, 2007
SHIRE ANNOUNCES EXPIRATION OF HART-SCOTT-RODINO WAITING PERIOD
Basingstoke, UK - March 19, 2007 - Shire plc (LSE: SHP.L; NASDAQ: SHPGY; TSX:
SHQ) today announced that the waiting period under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976 (HSR) with respect to its wholly owned
subsidiary's cash tender offer for all outstanding shares of New River
Pharmaceuticals Inc. (NASDAQ: NRPH) common stock at a price of $64.00 per
share, expired at 11:59 P.M., New York City time, on March 16, 2007. The tender
offer was commenced on March 2, 2007, pursuant to the previously announced
agreement of merger among Shire, its wholly owned subsidiary and New River.
The expiration of the HSR waiting period satisfies one of the conditions to the
tender offer....
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