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Sequenom buys Gemini Genomics for $224mm in stock
19 Feb 2002
Executive Summary
Sequenom (gene analysis) is buying Gemini Genomics (clinical genomics) in an all-stock deal that values Gemini at $224mm, a premium of (pr)26% based on its most recent trading price prior to the announcement. The companies expect the transaction to close in the third quarter.
Deal Industry
- Pharmaceuticals
- Research, Analytical Equipment & Supplies
-
Biotechnology
-
Drug Discovery Tools
- Genomics-Proteomics
-
Drug Discovery Tools
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Stock
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