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Court denies request to curb Human Genome takeover defense
May 31, 2012

Signage is pictured on the company headquarters of GlaxoSmithKline in west London(Reuters) - A Maryland judge denied a request to temporarily restrain Human Genome Sciences from taking measures to fend off GlaxoSmithKline's hostile $2.6 billion takeover bid, according to a court notification. Duane Howell, a Human Genome shareholder, had filed a lawsuit against the U.S. biotechnology company's board and requested that the court invalidate Human Genome's "poison pill" stockholder rights plan designed to ward off GlaxoSmithKline. ...


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Posted: Thursday May 31, 2012, 9:09 pm
Tags: science top stories [add/edit tags]

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mark s.
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male , divorced, 1 child
Pine Hill, NJ, USA
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