Third-Party Firm Sides With Illumina

Apr 9, 2012, 00:05 AM by Michael Croft

Barron's | Shareholder advisory firm Institutional Shareholder Services has spoken up for Illumina in the Illumina-Roche standoff.

April 9, 2012 | Shareholder advisory firm Institutional Shareholder Services has spoken up for Illumina in the Illumina-Roche standoff. As a third-party, the firm is recommending that shareholder reelect current board of directors members and says Roche's $51/share bid does not offer "meaningful compensation" to shareholders. Barron's