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Illumina, Inc. (ILMN) Announces The Completion Of Its Acquisition Of Solexa, Inc. (SLXA)


1/26/2007 5:24:24 PM

SAN DIEGO--(BUSINESS WIRE)--Illumina, Inc. (NASDAQ: ILMN) announced today that it completed its acquisition of Solexa, Inc. in a stock-for-stock merger. Earlier today in special meetings of stockholders, Solexa stockholders approved the merger agreement Illumina and Solexa entered into on November 12, 2006, and Illumina stockholders approved the issuance of shares of Illumina common stock for the acquisition of Solexa. Under the terms of the merger agreement, Solexa stockholders will receive 0.344 of a share of Illumina common stock for each share of Solexa common stock.

Read at BioSpace.com

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