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Danaher Extends Tender Offer for Iris Due to Storm

NEW YORK (GenomeWeb News) – Danaher announced late Monday the extension of its tender offer for Iris International to 5 p.m. EDT on Oct. 31 due to Hurricane Sandy.

The $338 million deal was originally set to expire on Oct. 18 but was extended until Oct. 29 after Iris disclosed certain financial information earlier this month. Danaher said that it extended its offer again as the storm battered the East Coast and the financial markets in New York remained closed on Tuesday.

The depositary for the tender offer has told Danaher that as of 5:30 p.m. on Oct. 29, shareholders of Iris had validly tendered 15.8 million shares of the company's stock, or about 86 percent of all Iris shares outstanding.

The Scan

Guidelines for Ancient DNA Work

More than two dozen researchers have developed new ethical guidelines for conducting ancient DNA research, which they present in Nature.

And Cleared

A UK regulator has cleared former UK Prime Minister David Cameron in concerns he should have registered as a consultant-lobbyist for his work with Illumina, according to the Financial Times.

Suit Over Allegations

The Boston Globe reports that David Sabatini, who was placed on leave from MIT after allegations of sexual harassment, is suing his accuser, the Whitehead Institute, and the institute's director.

Nature Papers on Esophageal Cancer, Origin of Modern Horses, Exome Sequencing of UK Biobank Participants

In Nature this week: genetic and environmental influences of esophageal cancer, domestic horse origin traced to Western Eurasian steppes, and more.