Life Technologies, More Bidders
Life Technologies (Ticker: LIFE) is really starting to look interesting here. Reuters is reporting that Roche (Ticker: RHHBY) and KKR + Hellman & Friedman have joined the auction process for Life Technologies. Roche was a name that I did not expect even though they made a run at Illumina (Ticker: ILMN). Now we have a bunch of private equity and strategic players making a run at this company. I believe a deal will happen and if the strategic buyers really go at it, I can see Life Technologies get taken out in the mid 70’s.