NEW YORK (GenomeWeb News) – Harvard Bioscience's board of directors on Friday unanimously rejected a buyout offer from Skystone Advisors for $5 a share. 
 
Skystone, a Cayman Islands-incorporated LLC with operations in Boston, has been investing in Harvard Bio since 2005 and currently owns around 15 percent of the company. Its offer represents a premium of around 11 percent over Harvard Bio’s trading price of $4.50 Friday afternoon, and values the firm at roughly $154 million based on 30.8 million shares outstanding.
 

To read the full story....

Register for Free.

...and receive Daily News bulletins.

Already have an account?
Login Now.

A new report highlights the potential threats posed by advances in synthetic biology, NPR reports.

A Bloomberg reporter tried to get her genetic data deleted, but found it's not so simple to do.

Johns Hopkins University's Steven Salzberg and his colleagues have come up with a new estimate for the number of human genes, Nature News reports.

In Genome Research this week: study of intra-tumor heterogeneity, workflow resources for EPIGEN-Brazil, and more.