Main > A1. CORP. INDEX. G-Gm > Genzyme /P > 2003. 09.10.2003. (Sangstat Buy)

Product USA. G

CORP. ACQUISITION Genzyme, SangStat Announce Hart-Scott-Rodino Clearance

CAMBRIDGE, Mass. and FREMONT, Calif. - Genzyme Corporation (Nasdaq: GENZ) and SangStat Medical Corporation (Nasdaq: SANG) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act related to the tender offer Genzyme commenced, through a wholly-owned subsidiary, on August 13, 2003 to purchase the outstanding shares of SangStat. The waiting period expired at 11.59 p.m. on Sept. 9. The offer and withdrawal rights will expire at 12 midnight on Sept 10, 2003, unless the offer is extended.

The conference call will take place on Wed., Aug. 13 at 4 p.m. ET. Those who wish to participate should dial (913) 981-5582. A replay of this call will be available from 6 p.m. on Aug. 14 through midnight on Aug. 21 by dialing 719-457-0820. Please refer to reservation number 501315. This call will also be webcast live and a link can be found on SangStat’s website at www.sangstat.com.


Want more information ?
Interested in the hidden information ?
Click here and do your request.


back