1. Roche Holding AG, the world's largest maker of medical diagnostic tests, has sought partnerships and purchases to strengthen ties between its diagnostics and pharmaceutical units.
2. In June, it began its tender offer for Ventana Medical Systems, the Tucson, Arizona-based maker of diagnostic tests for cancer.
3. It has extended its tender offer for the outstanding shares of Ventana three times
4. It has refused to raise the $3 billion or $75-a-share offer price.
[1. Ventana started negotiations with Roche after months of resistance.
2. It signed a confidentiality agreement with Roche that will allow Roche access to non-public information regarding Ventana to better understand the company's business prospects.
3. Its board still considers Roche's offer grossly inadequate.]
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