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Sanofi Starts Tender Offer For Outstanding Chattem Shares

PARIS -(Dow Jones)- 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

Stock News for Chattem (CHTT)
DateTimeHeadline
03/11/201001:58:01Sanofi-Aventis Completes Chattem, Inc Acquisition
02/09/201002:11:25Sanofi-Aventis Completes Tender Offer For Chattem, Inc.
01/29/201003:26:48Sanofi Forms Vitamin JV In China With Minsheng Pharmaceutical
01/26/201001:41:01Sanofi Gets Antitrust Clearance In Chattem Tender Offer
01/11/201001:50:12Sanofi Starts Tender Offer For Outstanding Chattem Shares

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