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Inverness gives Biosite revised commitment letter

Wed Apr 18, 2007 9:28am EDT

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NEW YORK, April 18 (Reuters) - Biosite Inc. BSTE.O said on Wednesday that Inverness Medical Innovations Inc. IMA.A has provided revised commitment letters from financing sources tied to Inverness' proposal to buy Biosite for $90.00 per share.

Biosite said its board would review the information provided by Inverness.

Biosite said last week it was prepared to enter into talks with Inverness, which it said ultimately could top an offer from Beckman Coulter Inc. (BEC.N).

((Reporting by Lewis Krauskopf, editing by Gerald E. McCormick; Reuters Messaging: Lewis.Krauskopf.reuters.com@reuters.net; lewis.krauskopf@reuters.com; 646-223-6082)) Keywords: BIOSITE INVERNESS/

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