Thermo Fisher

Life Technologies

Thermo Fisher Scientific Inc. agreed to acquire rival laboratory equipment manufacturer Life Technologies Corp. for $13.6 billion in cash and assumed debt on April 15. Thermo Fisher reportedly defeated Sigma-Aldrich Corp. and a consortium composed of private equity firms Blackstone Group L.P., Carlyle Group L.P., and KKR & Co. LP. The target's stockholders will receive $76 a share, a 38 percent premium to Life Technologies's closing price on January 17, the day before it announced that it was engaging in a strategic review.

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