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Exclusive: Thermo emerges as frontrunner for Life Tech -sources

Started by riky, April 03, 2013, 09:00:17 AM

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Exclusive: Thermo emerges as frontrunner for Life Tech -sources

By Greg Roumeliotis and Soyoung Kim NEW YORK (Reuters) - Thermo Fisher Scientific Inc is emerging as the lead contender in an auction for Life Technologies Corp , a genetic testing maker with a market value of more than $11 billion, three people familiar with the matter said this week. Thermo Fisher, the world's largest maker of laboratory equipment, is considering a bid of $65 to $70 per share for Life Tech and is interested in buying the entire company, two of the people said. ...

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