Featured White Papers
- Aug. 27th Webcast: The Power of Collaboration (BNET)
- Enterprise PBX buyer's guide (VoIP-News)
- Enterprise PBX comparison guide (VoIP-News)
Shareholders of Gaithersburg-based BioVeris Corp. approves
Daily Record, The (Baltimore), Jun 27, 2007
BioVeris Corp.'s shareholders voted Monday to approve the company's $600 million acquisition by Basel, Switzerland-based Roche Holding AG. Roche, the world's biggest maker of diagnostic tests, agreed to pay $21.50 a share in cash -- a total of $600 million -- to acquire Gaithersburg-based BioVeris, a manufacturer of diagnostic equipment.
As a result, BioVeris' stock has been delisted from the Nasdaq Global Market. BioVeris Chief Executive Officer Samuel Wohlstadter, 64, stands to gain $113.2 million from the transaction.
Copyright 2007 Dolan Media Newswires
Provided by ProQuest Information and Learning Company. All rights Reserved.