Laboratory Corp. of America (LH) Higher on Private Equity Takeover Report
Tweet Send to a Friend
Get Alerts LH Hot Sheet
Down)
Trade LH Now!
Shares of Laboratory Corp. of America Holdings (NYSE: LH) are stronger early Wednesday following reports from Mergermarket that the company may be the target of a takeover bid from a private equity consortium.
TGP and Bain are two private equity firms that may team up to launch a bid for the company. Although an equity check of $3-$4 billion could makes a deal a tall order.
Shares of LH look to open at least 6 percent higher.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
TGP and Bain are two private equity firms that may team up to launch a bid for the company. Although an equity check of $3-$4 billion could makes a deal a tall order.
Shares of LH look to open at least 6 percent higher.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Sprint (S) to Raise Offer for Clearwire (CLWR) - DJ
- KKR looking at Saks (SKS) investment, may merge with Nieman Marcus - Bloomberg
- Saks (SKS) said to hire Goldman Sachs for a sale - NY Post
Create E-mail Alert Related Categories
Mergers and Acquisitions, Private Equity, Rumors
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
