Laboratory Corp. of America (LH) +11.8% premarket following reports that it may be the target of...

|About: Laboratory Corporation of A... (LH)|By:, SA News Editor

Laboratory Corp. of America (LH) +11.8% premarket following reports that it may be the target of a takeover bid from a private equity consortium. TGP and Bain are two PE firms that may team up to launch a bid. Equity financing could make a buyout difficult, Reuters says, as an equity check of $3B-$4B is expected for the deal.