Event:
U.S. pharmaceutical company InterMune has been bought by Roche, the Swiss drug manufacturer, for $8.6 million; Roche will pay cash, offering a 38% premium on InterMune's current stock price of approximately $54/share
More Notable Events on August 24:
1969 Peru nationalizes U.S. oil interests
1949 NATO, North Atlantic Treaty Organization, goes into effect
1912 Territory of Alaska organizes
1909 Workers start pouring concrete for Panama Canal
1891 Thomas Edison patents motion picture camera
