Roche Offers $44B For South San Francisco Giant Genentech
July 21, 2008
Roche (ADR: RHHBY) has offered $44B for Genentech (NYSE: DNA). The two companies both have a presence in the Bay Area, with Roche having offices in Palo Alto, and Genentech being headquartered in South San Francisco.
Genentech currently occupies 48 buildings in South San Francisco. 13 of those are owned with the balance being leased.
If this [...]