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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.58+1.8%Nov 26 4:00 PM EST

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To: Jibacoa who wrote (1987)10/18/2007 10:11:59 AM
From: Jibacoa  Read Replies (1) of 3722
 
ASPV opened with an UG today after it announced that it had agreed to be munched by Galnica at $26 <g>

bigcharts.marketwatch.com

Aspreva to be Acquired by Galenica For US$915 Million
Thursday October 18, 9:00 am ET
- All-Cash Transaction Valued at US$26.00 Per Share -

VICTORIA, Oct. 17 /PRNewswire-FirstCall/ - Aspreva Pharmaceuticals Corporation (NASDAQ: ASPV - News; TSX: ASV - News) today announced that it has entered into a combination agreement with Galenica Group (SWX: GALN - News) under which Galenica, through a wholly-owned Canadian subsidiary, will acquire all of Aspreva's outstanding shares at a price of US$26.00 per share in cash. The total value of the transaction is approximately US$915 million.

Snip

A C.C. has been scheduled for 1:00PM

Bernard
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