Tuesday, April 02, 2013

Life Technologies and Thermo Fisher?

Reuters is reporting that Thermo Fisher Scientific (Ticker: TMO) is in the lead to make a bid for Life Technologies (Ticker: LIFE) with bids due next week. The price mentioned was $65 to $70. I can’t see a deal happening in the 6’s, but in the 7’s… Yes. Life Technologies will be an excellent fit for Thermo Fisher and I actually wouldn’t mind if there was a stock component if Thermo was to make a bid.

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