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Examples
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Ventana's Inform Dual ISH test could help boost sales of Herceptin, a breast-cancer treatment made by Genentech, another Roche subsidiary.
U.S. Clears Genetic Test for Breast-Cancer Treatment Drew FitzGerald 2011
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EBX, which owned about 20% of Ventana's capital before the deal, now holds a stake of 91.3% in the Canadian company.
Brazil's Batista Buys Ventana for $1.5 Billion Rogerio Jelmayer 2011
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Ventana's Inform Dual ISH test could help boost sales of Herceptin, a breast-cancer treatment made by Genentech, another Roche subsidiary.
U.S. Clears Genetic Test for Breast-Cancer Treatment Drew FitzGerald 2011
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Ventana's La Bodega has high-grade zones of gold, silver and copper mineralization and the company is in the process of conducting an exploration program and completing engineering studies to develop the deposit.
Ventana Rejects Bid From Brazil's EBX Judy McKinnon 2010
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The day before the announcement, Ventana's stock closed at $85.33.
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Ventana's CEO, will remain in that post after the acquisition and that Ventana will continue to be based in Tucson, Ariz.
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Larry Feinberg, manager of the $1 billion Oracle Partners hedge fund owns another 8% of Ventana's stock.
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Ventana's board approved the deal after Roche raised its offer by 19%.
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Though Ventana's board has approved the deal it was over the objections of Chairman Jack Schuler and Vice Chairman John Patience.
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"We strongly recommend that shareholders tender and we're 100% behind it," said Larry Mehren, Ventana's chief financial officer.
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