Bioenvision (BIVN) Adjourns Special Meeting of Stockholders
10/5/2007 12:21:26 PM
NEW YORK--(BUSINESS WIRE)--Bioenvision, Inc. (NASDAQ: BIVN) announced that, at a special meeting of stockholders held today, Bioenvision stockholders voted to adjourn the meeting to consider the adoption of the Agreement and Plan of Merger, dated May 29, 2007, between Bioenvision and Genzyme Corporation, as amended by Amendment No. 1 thereto, dated August 8, 2007 (the “Merger Agreement”).
The special meeting of stockholders is scheduled to reconvene tomorrow, October 5 at 11 a.m. local time at the offices of Goodwin Procter LLP, at 599 Lexington Avenue in New York. Voting will remain open during the adjournment. Bioenvision’s board of directors has unanimously approved the Merger Agreement, whereby Genzyme would acquire the company in an all cash transaction valued at $5.60 per share, or approximately $345 million.
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