Beckman Coulter, Inc. Extends Cash Tender Offer for Biosite to May 2, 2007

FULLERTON, Calif., April 27 /PRNewswire-FirstCall/ -- Beckman Coulter, Inc. (NYSE: BEC - News), today announced that its wholly-owned subsidiary, Louisiana Acquisition Sub, Inc., is extending its previously announced tender offer for all outstanding shares of common stock (the “Shares”) of Biosite Incorporated (Nasdaq: BSTE - News) at a price of $85.00 per Share, payable in cash. The extension was made in response to a written request from Biosite received today. The extension changes the expiration of the tender offer from the end of the day at 12:00 midnight, New York City time, on Friday, April 27, 2007, to the end of the day at 12:00 midnight, New York City time, on Wednesday, May 2, 2007. Under the terms of the merger agreement between Beckman Coulter and Biosite, Beckman Coulter has the right to extend the expiration of the tender offer further. In addition, Beckman Coulter must extend that expiration deadline further if requested to do so by Biosite.

MORE ON THIS TOPIC