Local Business Alert: Human Genome Services rejects buyout offer from GlaxoSmithKline

Thursday, April 19, 2012

   
The Washington Post Thursday, April 19, 2012 7:40:15 AM
LOCAL BUSINESS ALERT

Human Genome Services rejects buyout offer from GlaxoSmithKline


Rockville-based Human Genome Sciences has rejected a buyout offer of $13 a share from British drugmaker GlaxoSmithKline, the company said Thursday.

In a statement, the biotech company said the offer "does not reflect the value inherent" in the firm but would prompt the company to launch an evaluation of its "strategic alternatives."


Read more at:
http://www.washingtonpost.com/blogs/capital-business/post/human-genome-services-receives-buyout-offer-from-glaxosmithkline/2012/04/19/gIQAwThsST_blog.html



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