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Roche to Buy Genentech for $95/Share

Stock quotes in this article: DNA , MRK , SGP , PFE , WYE , AMGN , CELG , GILD  

Updated from 3:19 9.m. EDT

And at $95, Roche and Genentech(DNA Quote) said, "Done deal."

The Swiss drug giant and its smaller, yet arguably more valuable northern California biotech cousin finally agreed to terms early Thursday on a takeover deal that has hogged the attention of health care investors since last summer.

Roche agreed to purchase the remaining 44% of Genentech it doesn't already own for $95 a share - a final price that met with the approval of Genentech's board. ...

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