Argonaut Technologies' Stockholders Approve Sale of Assets to Biotage

03-Jun-2005

Argonaut Technologies announced that its stockholders have approved the sale of the assets of its chemistry consumables business and certain assets of its process chemistry business, which constitute substantially all of its assets except for its cash, to Biotage AB of Uppsala, Sweden. Argonaut and Biotage expect to close the transaction on June 3, 2005.

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