6:11 PM
 | 
Mar 21, 2016
 |  BC Extra  |  Company News

Affymetrix spurning former execs' buyout offer

Affymetrix Inc. (NASDAQ:AFFX) said its board rejected a proposal from Origin Technologies Corp. LLC, a shell company founded by former Affymetrix executives, to acquire the tools company for about $1.5 billion. Affymetrix's board reiterated its recommendation that shareholders approve a $1.3 billion offer from Thermo Fisher Scientific Inc. (NYSE:TMO) when they vote on it this week...

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