logo
Share SHARE
FONT-SIZE Plus   Neg

Illumina Urges Stockholders To Turn Down Roche's Offer & Vote For Its Nominees

Illumina, Inc. (ILMN) said it is sending a letter from its Board of Directors highlighting supportive reports issued by two of the nation's leading proxy advisor firms. The company's Board recommends that stockholders reject Roche's (RHHBY.PK) offer and vote for the election of its highly qualified nominees at its 2012 Annual Meeting of Stockholders by completing the WHITE proxy card on April 9, 2012.

Illumina also urged its shareholders to vote the WHITE PROXY CARD to re-elect to the Board four highly qualified and experienced directors, Blaine Bowman; Karin Eastham; Jay Flatley, President and CEO; and William Rastetter, Chairman.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Heading into a quiet week that precedes the final FOMC meeting of the year, the economic momentum remains strong. Data releases from the just concluded week makes it tough for the central bank to pass up an interest rate hike. However, will the Fed risk a backlash in a transition period on the political... AutoZone, Inc., an automotive replacement parts retailer, reported Tuesday higher profit in its first quarter with increased net sales and domestic store sales. Earnings per share topped analysts' estimates, while top line missed the view. In the pre-market activity on the NYSE, AutoZone shares were gaining 1.10 percent. The Justice Department, in the antitrust trial against the proposed Aetna- Humana Merger, argued that the merger would harm senior citizens who buy private Medicare plans. The U.S. Department of Justice stated that the merger would also harm consumers who buy plans on Affordable Care Act marketplaces, reports said. However, healthcare insurers Aetna And Humana defended their proposed merger..
comments powered by Disqus
Follow RTT