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Archive Home > 2009 > February > 10 > Roche makes hostile bid for Genentech

Roche makes hostile bid for Genentech


February 10, 2009

NEW YORK — Swiss drugmaker Roche on Monday officially launched its $42 billion hostile offer for the 44 percent of Genentech Inc. it doesn’t already own. As expected, Basel, Switzerland-based Roche said it would pay $86.50 per share for all remaining publicly held shares of....

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