PerkinElmer subsidiary starts cash tender offer for ViaCell

By Jennifer Chiou

New York, Oct. 12 - PerkinElmer, Inc.'s indirect wholly owned subsidiary, Victor Acquisition Corp., began a tender offer to acquire all outstanding shares of ViaCell, Inc. at a price of $7.25 per share in cash.

The offer is subject to customary conditions, including tenders for at least a majority of the outstanding shares of ViaCell as well as the expiration or termination of waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act.

The offer ends at midnight ET on Nov. 8.

Georgeson, Inc. is the information agent (888 821-2250 or call collect 212 440-9800). Merrill Lynch & Co. is the dealer manager (877 653-2948).

PerkinElmer is a Waltham, Mass.-based health sciences and photonics company. ViaCell is a biotechnology company based in Cambridge, Mass.

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