Sanofi Gets Antitrust Clearance In Chattem Tender Offer
January 26 2010 - 1:41AM
Dow Jones News
French drug company Sanofi-Aventis (SNY) Tuesday said it has
obtained antitrust clearance in connection with its $93.50 per
share tender offer for Chattem, Inc (CHTT). MAIN FACTS:
MAIN FACTS:
- The waiting period under the Hart-Scott Rodino Antitrust
Improvements Act of 1976 has expired, which satisfies one of the
conditions of the tender offer.
- The tender offer remains subject to the other conditions
described in the Offer to Purchase filed January 11, 2010
- The tender offer is scheduled to expire at 1200 midnight, New
York City time, on February 8, unless the tender offer is
extended.
- By Paris Bureau, Dow Jones Newswires; +331-4017-1740;
djnews.paris@dowjones.com
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