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The Henzel Law Office Is Investigating Illumina, Inc. (NASDAQ: ILMN)for Shareholders

25 Jan, 2012 @ 10:34 am EDT
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(IBwire.com – Jan. 25, 2012) - The Law Offices of Marc S. Henzel (www.henzellaw.com) a firm focusing on shareholder litigation, is investigating the proposed acquisition of Illumina, Inc. (NASDAQ: ILMN) by Roche Holding AG.

According to reports, Roche announced a proposal to acquire all outstanding shares of Illumina, Inc. (NASDAQ: ILMN) for $44.50 per share in cash, or an aggregate of approximately $5.7 billion on a fully diluted basis.

This offer represents approx. 18% premium to Tuesday's (1/24/12) NASDAQ close and a 64% premium over Illumina’s stock price on December 21, 2011 - the day before market rumors about a potential transaction between Roche and Illumina drove Illumina's stock price significantly higher.

It is reported that Roche made multiple efforts to engage with Illumina in order to reach a negotiated transaction, but Illumina was unwilling to participate in substantive discussions.

If you own shares of Illumina, Inc. (NASDAQ: ILMN) and would like to learn more about any potential claims or you wish to discuss these matters and have any questions concerning this announcement or your rights, please contact Marc S. Henzel (610) 660-8000, email at Mhenzel@Henzellaw.com, or to sign up online, visit the firms website at www.henzellaw.com.

 

The Law Offices of Marc S. Henzel is a national shareholder litigation firm representing shareholders & investors in various areas of securities laws including but not limited to; class actions, derivatives, transactional (buyouts/mergers/acquisitions) and FINRA & NYSE Arbitrations.

 

Attorney advertising. © 2012 Law Offices of Marc S. Henzel.  The law firm responsible for this advertisement is Marc S. Henzel.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

 

Contact:

Law Offices of Marc S. Henzel

Marc S. Henzel

Email: Mhenzel@Henzellaw.com

Phone 610-660-8000

Website: www.henzellaw.com. 

This article is copyrighted by IBWire.com
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