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Invitrogen (IVGN -6.6%) is buying Applied Bio (NYSE:ABI) for $6.7B in stock and cash. The merged...

Jun. 12, 2008 8:27 AM ETSafety First Trust (ABI) StockABIBy: Eli Hoffmann, SA News Editor
Invitrogen (IVGN -6.6%) is buying Applied Bio (NYSE:ABI) for $6.7B in stock and cash. The merged co., 'Applied Biosystems', sees itself as a "world-class biotechnology tools company."

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