Lloyd Dunlap
Articles by Lloyd Dunlap

| 3 min read
In reviewing the proposal, the Affymetrix board of directors notes that Origin appears to be a newly-
formed shell entity with no assets of which Affymetrix is aware, and whose sole source of funding for the proposed transaction is $1.5 billion in potential
debt commitments. Based on the analysis performed by Affymetrix' advisers, $1.5 billion falls materially short of the funds that would be required to
complete the transaction,








