Quest/Unilab reveal amendments, extend offer:
This article was originally published in Clinica
Executive Summary
Teterboro, New Jersey-based Quest Diagnostics has extended its offer for Unilab of Tarzana, California, until February 3 to allow it to circulate amendments to Unilab's shareholders. The merger agreement was most recently extended to January 31. The changes to the deal - necessitated by antitrust issues raised by the US Federal Trade Commission - will result in a reduction in the price paid by Quest.