It still has to be approved by the stock holders but the boards of both Roche and Ventana Medical have approved the purchase.
The link above is to the Forbes article this morning reporting the agreement.
They never mention Ventana Medical is located in Oro Valley, Arizona. Probably don’t want to confuse people with the HUH? where is that? factor.
Now do you all have your seat belts fastened for the opening of the Stock Exchange today. Remember they are only paper losses. At least that’s what I’m trying to tell myself.
I would sure hate to have picked today to retire and draw down my retirement savings.
Hold on, here we go.