AstraZeneca PLC
03 May 2007
PRESS RELEASE
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
3 May 2007
Recommended Cash Tender Offer for MedImmune by AstraZeneca
Pursuant to the merger agreement with MedImmune, Inc. announced on 23 April,
AstraZeneca PLC announces that its wholly-owned subsidiary, AstraZeneca
Biopharmaceuticals Inc., today commenced a cash tender offer to acquire all
outstanding shares of MedImmune's common stock, par value $0.01 per share, at a
price of $58.00 per share. The tender offer is scheduled to expire at 12:00
Midnight, New York City time, on Thursday, 31 May 2007, unless extended. Details
of the tender offer are contained in the documents that are being sent to
MedImmune stockholders and will be posted on astrazeneca.com.
Enquiries:
AstraZeneca
Media Enquiries:
Steve Brown / Edel McCaffrey (London) +44 (0) 20 7304 5033/5034
Staffan Ternby (Sweden) +46 (8) 553 26107
Emily Denney (Wilmington) +1 (302) 885 3451
Analyst/Investor Enquiries:
Jonathan Hunt / Mina Blair / Karl Hard (London) +44 (0) 20 7304 5087/5084/5322
Staffan Ternby (Sweden) +48 (8) 553 26107
Ed Seage / Jorgen Winroth +1 (302) 886 4065 /
(212) 579 0506
Merrill Lynch (Financial Adviser to AstraZeneca) +44 (0) 20 7628 1000
Richard Girling
Deutsche Bank (Joint Corporate Broker to AstraZeneca) +44 (0) 20 7545 8000
Charlie Foreman
Goldman Sachs (Joint Corporate Broker to AstraZeneca) +44 (0) 20 7774 1000
Phil Raper
This information is provided by RNS
The company news service from the London Stock Exchange
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