Roche Courts Illumina Shareholders Directly

March 20, 2012

March 21, 2012 | Roche sent Illumina investors a direct letter yesterday urging them to accept the Roche bid, currently at $5.7 billion. Again Roche claimed the offer was "full and fair" and proposed that Illumina expand its board of directors to include two Roche-nominated directors. Illumina's annual shareholders meeting is on April 18. Reuters