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News Breaks | | | | February 11, 2013 | | 09:57 EDT |  | REGN, SNY | Regeneron says Sanofi intends to acquire Regeneron common stock
Regeneron (REGN) announced that it received from Sanofi (SNY) a notification under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 that Sanofi intends to acquire Common Stock of Regeneron through open market purchases and direct purchases from shareholders. As a result, Sanofi intends that the value of its ownership of voting securities of Regeneron stock will be in excess of the $500M HSR Act notification threshold. | |
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