Sanofi Gets Antitrust Clearance In Chattem Tender Offer

Date : 01/26/2010 @ 1:41AM
Source : Dow Jones News
Stock : Chattem, Inc. (MM) (CHTT)
Quote : 93.49  0.0 (0.00%) @ 2:05AM

Sanofi Gets Antitrust Clearance In Chattem Tender Offer

Sanofi-Aventis (NYSE:SNY)
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French drug company Sanofi-Aventis (SNY) Tuesday said it has obtained antitrust clearance in connection with its $93.50 per share tender offer for Chattem, Inc (CHTT). MAIN FACTS:

MAIN FACTS:

- The waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976 has expired, which satisfies one of the conditions of the tender offer.

- The tender offer remains subject to the other conditions described in the Offer to Purchase filed January 11, 2010

- The tender offer is scheduled to expire at 1200 midnight, New York City time, on February 8, unless the tender offer is extended.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; djnews.paris@dowjones.com

 
 

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