Manufacturing Industry
RECKITT BENCKISER GROUP PLC - Tender for Adams Respiratory.
PR Newswire UK Disclose, December, 2007
December 21, 2007
Reckitt Benckiser Commences Cash Tender Offer for All Outstanding Shares of
Adams Respiratory Therapeutics
Reckitt Benckiser Group plc (RB.L) ("Reckitt Benckiser"), today commenced its
previously announced cash tender offer (the "Offer") for all of the outstanding
shares of Adams Respiratory Therapeutics, Inc. (NASDAQ: ARxT) ("Adams").
As announced on December 10, 2007, Reckitt Benckiser has entered into a
definitive agreement under which it will offer Adams stockholders US$60.00 in
cash for each Adams share they hold. This offer is being made through
Twickenham Inc., a wholly owned subsidiary of Reckitt Benckiser. Adams' Board
of Directors has unanimously determined that the offer is fair to and in the...
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