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ARTICLE | Company News

AquaBounty, Intrexon deal

January 14, 2013 8:00 AM UTC

AquaBounty said that Intrexon did not receive the 50% of outstanding shares necessary to complete its tender offer of AquaBounty. Intrexon, which holds a 47.56% stake, will not acquire the shares tendered in the offer and those AquaBounty shareholders who accepted the offer and tendered their shares will have their shares returned. Intrexon said it has elected not to extend the mandatory offer. ...