Roche Purchases Shares in Tender Offer for FMI

Roche and Foundation Medicine, Inc. (NASDAQ:FMI) today announced that Roche ’s wholly owned subsidiary 062018 Merger Subsidiary, Inc. has accepted for payment all shares validly tendered and not validly withdrawn pursuant to its tender offer for all outstanding shares of common stock of Foundation Medicine not already owned by Roche or its affiliates, at a price of $137.0 0 per share in cash.
Source: Roche Investor Update - Category: Pharmaceuticals Source Type: news