Chiron Seeking To Bump Up Buyout Bid? Directors Reject Novartis’ Offer

This article was originally published in The Pink Sheet Daily

06 Sep 2005
News

Jessica Merrill @Jessicaemerrill Jessica.merrill@informa.com

Executive Summary

A $4.5 bil. cash offer from Novartis for an outstanding 57.8% stake in Chiron is “inadequate,” according to Chiron’s independent directors.

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Chiron Seeking To Bump Up Buyout Bid? Directors Reject Novartis’ Offer

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