02.10.2013 12:29:41
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BASF Announces Tender Offer For Verenium - Quick Facts
(RTTNews) - BASF (BFA.L, BASFY.PK) announced its U.S. affiliate, BASF Corporation, is commencing a tender offer for the acquisition of Verenium Corporation, San Diego, California (VRNM), at a cash offer price of US$4.00 for each Verenium share.
The offer period will expire on October 31, 2013. Following the completion of the tender offer, BASF expects to consummate a merger in which the remaining Verenium stockholders will receive the same cash price per share as in the tender offer.
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