Aug 2 (Reuters) - 23andMe said on Friday that it

will not go ahead with CEO Anne Wojcicki's take-private offer

and has asked her to withdraw any plan to oppose any alternative

deal.

Wojcicki on Wednesday made a non-binding proposal to

23andMe's board to acquire all outstanding shares of the company

not already owned by her or her affiliates for $0.40 per share.

A special panel formed by the genetic testing firm rejected

the CEO's proposal for reasons such as not providing any premium

to Wednesday's closing price per share.

The company said it sees the offer as insufficient and not

in the best interests of the non-affiliated shareholders.