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HGSI Human Genome Sciences, Inc. (MM)

14.24
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Human Genome Sciences, Inc. (MM) NASDAQ:HGSI 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% 14.24 0 01:00:00

GlaxoSmithKline Completes Acquisition of Human Genome Sciences

03/08/2012 8:00am

Dow Jones News


Human Genome Sciences (NASDAQ:HGSI)
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LONDON--GlaxoSmithKline PLC (GSK), a research-based pharmaceutical and healthcare company, said Friday it has completed its acquisition of Human Genome Sciences (HGSI) for 3.6 billion dollars on an equity basis, or $3 billion net of cash and debt.

MAIN FACTS:

-All outstanding shares of HGS were acquired for $14.25 per share in cash.

-Subsequent offering period for GSK's tender offer for HGS shares expired at 2100 GMT, on Aug. 2.

-Glaxo shares closed in London Thursday at 1487 pence valuing the company at 74.16 billion pounds.

-Write to Ian Walker at ian.walker@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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