Early Bird tickets for Pivotal Links 2024 now on sale. SAVE UP TO 40% 🐦

Thermo Scientific bids for Life Technologies

Kristina Whitfield

Apr 10, 2013

Exot Strategy 2

Author: Kristina Whitfield Undertakes marketing activities for Pivotal Scientific and their clients.

Kristina Whitfield

Thermo Fisher Scientific Inc is thought to have made a binding offer of $65 per share for Life Technologies Corp on Tuesday. More information regarding the deal is available through Reuters.

Update as of 15/04/2013: Thermo Fisher Scientific (NYSE: TMO), the world leader in serving science, and Life Technologies Corporation (NASDAQ: LIFE), a leading life sciences company, have signed a definitive agreement under which Thermo Fisher will acquire Life Technologies for $76.00 in cash per fully diluted common share, or approximately $13.6 billion, plus the assumption of net debt at close ($2.2 billion as of year end 2012).

Click link to see the Thermo Fisher official presentation: Thermo Fisher to Acquire Life Technologies IR Presentation

Related Articles