Thermo Fisher Urges Affymetrix Stockholders To Vote In Favor Of Acquisition

(RTTNews) - Thermo Fisher Scientific Inc. (TMO) reiterated its belief that the merger agreement between the company and Affymetrix is superior and remains in the best interest of Affymetrix and its stockholders. Thermo Fisher management team and board urged Affymetrix Stockholders to approve the merger agreement with Thermo Fisher by voting shares in favor of the deal at the stockholder meeting on March 24, 2016.

""We are confident that our Merger Agreement continues to be superior to the proposal put forth to Affymetrix by Origin Technologies. As compared to the Origin Proposal, our Merger Agreement contains no open ended conditions and represents a fully financed, all-cash offer. Moreover, we have received all required regulatory approvals, and expect to complete the transaction immediately following receipt of Affymetrix stockholder approval this week," said Marc Casper, president and CEO of Thermo Fisher.