Thermo Fisher (TMO) Goes Out of 'Comfort Zone' in Latest Bid for Life Tech (LIFE)
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Thermo Fisher (TMO) to Acquire Life Tech (LIFE) for $76/Share
April 15, 2013 7:05 AM EDT(Updated - April 15, 2013 7:26 AM EDT)
Thermo Fisher Scientific (NYSE: TMO), the world leader in serving science, and Life Technologies Corporation (NASDAQ: LIFE), a leading life sciences company, have signed a definitive agreement under which Thermo Fisher will acquire Life Technologies for $76.00 in cash per fully diluted common share, or approximately $13.6 billion, plus the assumption of net debt at close ($2.2 billion as of year end 2012).
The transaction, which was approved by both companies boards of directors, will create an unrivaled leader in serving research, specialty diagnostics and applied... More
UPDATE: Life Technologies (LIFE) trading halted with new pending
April 15, 2013 7:01 AM EDT(Updated - April 15, 2013 7:04 AM EDT)
Life Technologies Corporation (NASDAQ: LIFE) trading halted with new pending.
Over the weekend, Thermo Fisher Scientific (NYSE: TMO) was said to be mulling a bid of $75 per share for the... More
Life Tech (LIFE) said to draw bid from buyout group, including Blackstone (BX)
April 10, 2013 11:48 AM EDTLife Technologies Corporation (Nasdaq: LIFE) said to draw bid from buyout group, including Blackstone (NYSE: BX).... More
UPDATE: Thermo Fisher (TMO), PE Firms Finalizing Bids for Life Tech (LIFE)
April 10, 2013 6:50 AM EDT(Updated - April 10, 2013 12:07 PM EDT)
Life Technologies (Nasdaq: LIFE) is active in early trading Wednesday following reports that Thermo Fisher Scientific (NYSE: TMO) and a consortium of private equity firms might have placed bids for the life... More
