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April 8, 2011
Sanofi completes Genzyme acquisition
Sanofi closed its acquisition of Genzyme today:
Sanofi said more than 237 million Genzyme shares were tendered in the transaction, representing 89.4 percent of outstanding shares. Sanofi then exercised a top-up option, resulting in ownership of more than 90 percent of Genzyme's shares.
Genzyme's CVRs started trading on April 4 under the ticker symbol "GCVRZ". It opened at $2.20/right:
-bjmq
April 8, 2011 | Permalink
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