Roche Bids Again for Illumina?

December 21, 2012

December 21, 2012 | A Swiss newspaper is reporting that Roche and Illumina may have come to a purchase agreement, eight months after Illumina rejected Roche's last proposed bid. The two companies will announce a January $66/share sale price, the paper reported, though it said the information couldn't be verified. Analysts are very skeptical and neither company will comment. Bloomberg 

Update: Matthew Herper at Forbes contends that if Roche is bidding again for Illumina, Jay Flatley, Illumina's CEO, is the main asset. Forbes