Genetix Group makes fifth bid for Applied Imaging
This article was originally published in Clinica
Executive Summary
Genetix Group has raised its offer for Applied Imaging from $23.2m to $25.8m, as it continues to bid against an unnamed third party (see Clinica No 1231, p 14). The UK AIM-listed company has signed four previous merger agreements with San Jose, California-based AI, each of which have been trumped by the other bidder. Its first offer was $18.3m.