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Sanofi starts Dutch auction for 30% of Genzyme CVRs

14:14 EDT 4 Sep 2012 | BioCentury

Sanofi (Euronext:SAN; NYSE:SNY) launched a modified Dutch auction tender offer to purchase up to 86.8 million, or about 30%, of the outstanding Genzyme Corp. contingent value rights at a price range of $1.50-$1.75. The range is a 7-25% premium to the..

Original Article: Sanofi starts Dutch auction for 30% of Genzyme CVRs

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