Sept 30 (Reuters) - Genetic testing firm 23andMe
Chief Executive Officer Anne Wojcicki would no longer be open to
considering third-party takeover proposals for the company, a
regulatory filing showed on Monday.
"It has become even clearer to me that the best path forward
for the (company) is for me to take the company private,"
Wojcicki said.
Wojcicki had said earlier this month she would consider
third-party takeover proposals while continuing to evaluate and
negotiate a deal.
In July, the CEO and co-founder proposed to acquire all
outstanding shares of the firm not already owned by her or her
affiliates for $0.40 each.
The independent directors of the company resigned earlier
this month saying they had not received a satisfactory
take-private offer in the best interests of the non-affiliated
shareholders.
23andMe, which provides DNA testing that helps users learn
more about their ancestry, went public in 2021.