Thermo Fisher Scientific (TMO) reportedly made a binding offer of over $65 a share for genetic...

|About: Thermo Fisher Scientific ... (TMO)|By:, SA News Editor

Thermo Fisher Scientific (TMO) reportedly made a binding offer of over $65 a share for genetic testing equipment maker Life Technologies (LIFE) ahead of a bid deadline yesterday. A consortium of private-equity firms, including Blackstone (BX), Carlyle (CG) and KKR (KKR), are also looking to make a proposal despite missing the deadline. Life's shares closed at $66.19, giving it a market cap of $11.28B.