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

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.
Comments (1)
  • Chris DeMuth Jr.
    , contributor
    Comments (5367) | Send Message
     
    This will probably end up right around $70.
    10 Apr 2013, 04:19 AM Reply Like
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