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Complete Genomics Received $3.30/Share Bid from Party H on Nov. 5th, Says Did Not Constitute Superior Proposal

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Complete Genomics (NASDAQ: GNOM) shares are up 4% pre-market following news the company received an unsolicited $3.30/share bid from Party H on November 5th.

The offer follows a tender offer from BGI-Shenzhen last month. Complete Genomics said the Party H bid did not constitute a superior proposal and would likely not gain anti-trust clearance.

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