Sanofi-Aventis Gets Antitrust Nod to Start Tender Offer for Chattem

Summary


MANAVIGATOR-January 26, 2010-Sanofi-Aventis gets antitrust nod to start tender offer for Chattem (C)2010 M2 COMMUNICATIONS http:// www.m2.com

French drug maker Sanofi-Aventis (EPA:SAN) said Tuesday it has obtained antitrust clearance from the US regulators to initiate a tender offer to buy out American consumer healthcare company Chattem (NASDAQ:CHTT) for USD93.50 (EUR66.41) per share in cash.

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Sanofi-Aventis Gets Antitrust Nod to Start Tender Offer for Chattem

The acquisition will provide a pl...

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