Illumina's Board Rejects 'Blatantly Opportunistic' Roche Bid | GenomeWeb

This article has been updated from an earlier version posted on Feb. 8 to include comments from Roche executives and analysts from several investment firms.

Illumina's board of directors last week rejected Roche's unsolicited $5.7 billion bid to acquire the San Diego life science tool vendor, calling Roche's offer "inadequate" and urging its stockholders not to tender its shares.

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