Wednesday, February 24, 2010

A Little Bit of Millipore

I’ve started to deploy some cash from the expected closure of IMS Health (Ticker: RX). Yesterday, I picked up some Millipore Corp. (Ticker: MIL) at $89.93. When you see a stock pop like that with huge volume, something is up. Today, Millipore issued a press release stating that they are “evaluating strategic alternatives.” This means the company is up for sale with Thermo Fisher (Ticker: TMO) and GE (Ticker: GE) the likely acquirers. I didn’t expect this much M&A action so early in the year, but I’ll take it…

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