Illumina Postpones Earnings Report as it Considers Roche's $5.7B Hostile Takeover Bid | GenomeWeb

This story was originally published Jan. 27.

Illumina said last week that it would postpone the reporting of its 2011 fourth-quarter and full-year earnings results until the board has finished reviewing Roche's $5.7 billion hostile takeover bid.

Illumina's board of directors, along with its financial and legal advisors, plan to review the offer and advise stockholders of its position within 10 business days, the company said in a statement.

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