Origin Technologies Reiterates Its Offer For Affymetrix - Quick Facts

(RTTNews) - Origin Technologies Corp., LLC, a newly created entity owned by a group of former Affymetrix executives for the purpose of privatizing Affymetrix, Inc. (AFFX), reiterated its offer to acquire all of the outstanding shares of Affymetrix for $16.10 per share in cash.

"In order to proceed with the transaction between Origin and Affymetrix, we require an opportunity to engage with the Affymetrix Board of Directors to address their concerns and complete confirmatory diligence. We believe it would be in the best interests of all parties for the Affymetrix Board to engage with us without delay," Origin Technologies stated.