Put on hold music: Roche delays Spark buyout for the 9th — and quite possibly not the last — time
It’s beginning to take on the will-they-won’t-they character of a sitcom or a victorian novel. Nine months after Roche announced it was acquiring gene therapy pioneer Spark Therapeutics, the deal is still not done and today, the Swiss giant announced a 9th delay.
The announcements are becoming a monthly routine. The last delay — at the end of October — extended the window for tenders to purchase Spark stock through the coming Monday, November 25. This new one will push the window until December 10.
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