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Solveigh Karola Mähler
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QIAGEN Announces Approval of Digene Acquisition Received at
Extraordinary General Meeting of QIAGEN Shareholders
On June 3, 2007, QIAGEN and Digene announced that they had entered into a merger agreement, under which QIAGEN will acquire Digene in a transaction that consists of 55% cash and 45% QIAGEN stock. The transaction is subject to the tender of a majority of Digene’s common stock on a fully diluted basis before 11:59 p.m. EST on July 20, 2007, unless the offer is extended.
The Companies have successfully completed major milestones towards closing this transaction in a shorter period of time than initially projected. Previously, QIAGEN and Digene announced they expected to complete the transaction in August/September. QIAGEN now believes that it should be able to close the transaction in the earlier part of this period.
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