Arigene pulls Trimeris acquisition
30 December 2009
Simon Varcoe
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30 December 2009
Simon Varcoe
simon.varcoe@informa.com
The South Korean healthcare firm Arigene has abandoned its plans to acquire the US company Trimeris after failing to raise enough funds.
Arigene agreed to buy Trimeris for $81 million on October 2nd, but had to extend the offer period in November after saying it did not expect to have sufficient...
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