Updated with further information on GlaxoSmithKline's unsolicited bid for Human GenomeNEW YORK ( TheStreet) -- Human Genome Sciences (HGSI) received an unsolicited buyout proposal of $13 a share in cash, or about $2.6 billion, from GlaxoSmithKline (GSK - Get Report) but rejected the offer saying the bid "does not reflect the value inherent" in the company.
Human Genome Rejects $2.6B Bid From GlaxoSmithKline (Update 1)
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