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Roche (RHHBY.PK) extends its $44.50/share offer for Illumina (ILMN) until March 23. Illumina,...

Roche (RHHBY.PK) extends its $44.50/share offer for Illumina (ILMN) until March 23. Illumina, which previously rejected the bid, responds the extension was expected given the low number of shares that have been tendered, a fact which reflects the degree to which Roche's bid undervalues the company.
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