IAC, Liberty reach agreement over IAC spin-offs

Tue May 13, 2008 10:16pm BST
 
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June 14 (Reuters) - BioVeris Corp. BIOV.O said proxy advisory firm Institutional Shareholder Services Inc. recommended that shareholders vote for the pending acquisition of BioVeris by Roche (ROG.VX).

Earlier this week, another proxy advisory firm Glass Lewis & Co. also recommended that BioVeris shareholders vote for the merger, the company said in a statment.

BioVeris agreed to be acquired by Roche for about $600 million in cash, or $21.50 per share.

(Reporting by Jennifer Robin Raj in Bangalore)

((Editing by Deepak Kannan; Reuters Messaging: aruna.jennifer.reuters.com@reuters.net; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800)) Keywords: BIOVERIS ISS/

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