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Suit aims to block Genzyme acquisition
Boston Globe
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Boston, Mass.
| Author: | Robert Weisman |
| Date: | Aug 20, 2010 |
| Start Page: | B.7 |
| Section: | Business |
| Text Word Count: | 258 |
A shareholder of Genzyme Corp. has lodged a lawsuit seeking to block Genzyme board members and the French drug maker Sanofi-Aventis SA from completing a deal in which Genzyme would be acquired by Sanofi for a reported offering price of $69 a share, a transaction that would be valued at about $18.4 billion.
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