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Mergers & Acquisitions

Mar. 23, 2016

Santa Clara-based Affymetrix Inc. sticks with $1.3 billion purchase

The company rejected a last-minute $1.5 billion offer from Origin Technologies Corp LLC, a shell company run by former Affymetrix executives.

By Banks Albach
Daily Journal Staff Writer

Santa Clara-based Affymetrix Inc., a maker of genetic analysis products, is sticking with a $1.3 billion purchase by Thermo Fisher Scientific Inc. after rejecting a last-minute $1.5 billion offer from Origin Technologies Corp LLC, a company run by former Affymetrix executives.

Davis Polk & Wardell LLP is advising Affymetrix and Wachtell, Lipton, Rosen & Katz is advising ...

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