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CHTT Chattem, Inc. (MM)

93.49
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Chattem, Inc. (MM) NASDAQ:CHTT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 93.49 0 01:00:00

Sanofi Starts Tender Offer For Outstanding Chattem Shares

11/01/2010 6:50am

Dow Jones News


Chattem, Inc. (MM) (NASDAQ:CHTT)
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French drug company Sanofi-Aventis SA (SNY) Monday said it is commencing the tender offer for all outstanding shares in Chattem, Inc (CHTT).

MAIN FACTS:

- The tender offer through Sanofi-Aventis' wholly-owned subsidiary, River Acquisition Corp., for all outstanding shares of common stock of Chattem, Inc. is for $93.50 a share, net to the seller in cash, without interest and less any required withholding taxes.

- The tender offer follows the previously announced Agreement and Plan of Merger, dated December 20, 2009.

- The tender offer is scheduled to expire at 1200 midnight, New York City time, on February 8, 2010, unless the tender offer is extended.

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

 
 

1 Year Chattem, Inc. (MM) Chart

1 Year Chattem, Inc. (MM) Chart

1 Month Chattem, Inc. (MM) Chart

1 Month Chattem, Inc. (MM) Chart

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