Illumina taking out Pacific Biosciences for $1.2B

Illumina taking out Pacific Biosciences for $1.2B

Source: 
BioCentury
snippet: 

Illumina Inc. (NASDAQ:ILMN) is acquiring fellow genomics company Pacific Biosciences of California (NASDAQ:PACB) for $8 per share in cash, or about $1.2 billion.