Illumina CEO Has Year to Top Roche's $6.7 Billion Offer-Bloomberg

I'm really interested to see if Roche comes back to the table after Illumina (ILMN) rejected their $6.7 billion offer.  Illumina has an amazing track record of revenue growth in an exciting market as a maker of DNA sequencers.  While the company is profitable, these acquisition are far more about the technology and future growth, than a reasonable multiple on earnings.  Roche has a history of eventually getting what they want so I wouldn't be surprised if they resurface after a little time has passed, particularly if Illumina doesn't receive a higher bid in the interim.

http://www.bloomberg.com/news/2012-04-19/illumina-ceo-has-year-to-top-roche-s-6-7-billion-offer.html