Laboratory Corporation of America Holdings LH today announced that
LabCorp is extending until 5:00 p.m., New York City time, on December 9, 2011,
LabCorp's previously announced cash tender offer for all outstanding shares of
the common stock of Orchid Cellmark Inc. ORCH. On May 17, 2011,
LabCorp received a request from the Federal Trade Commission, or the FTC, for
additional information under the Hart-Scott-Rodino Antitrust Improvements Act
of 1976, as amended, applicable to the acquisition of Orchid by LabCorp.
LabCorp previously extended its tender offer to November 30, 2011. LabCorp is
continuing to cooperate with the FTC's request for additional information and
is consequently further extending the expiration of the tender offer.
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