Laboratory Equipment News
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When chef Michael White opens The Butterfly in New York in mid-June, the cocktail bar will pay homage to White’s native Wisconsin with a brandy old-fashioned, a favorite libation in the Badger State.
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A Life Technologies Corp. shareholder sued to block the $13.6 billion acquisition of the biotechnology equipment maker by Thermo Fisher Scientific Inc., saying the offer is unfair to investors.
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Sigma-Aldrich Corp. went toe-to-toe against larger rival Thermo Fisher Scientific Inc. to acquire Life Technologies Corp., said people with knowledge of the matter, bidding through the weekend before falling short against Thermo’s $13.6 billion offer.
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Wachtell, Lipton, Rosen & Katz and Wilmer Cutler Pickering Hale & Dorr LLP acted as legal advisers to Thermo Fisher Scientific Inc., the second-biggest maker of life-sciences equipment by market value, which agreed to buy Life Technologies Corp. for $13.6 billion in cash in a deal that expands its reach in medical testing.
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U.S. stocks fell for the week, sending the Standard & Poor’s 500 Index to the biggest retreat since November, as earnings from Bank of America Corp. and International Business Machines Corp. missed estimates and China’s economic growth unexpectedly slowed.
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Thermo Fisher Scientific Inc., the second-biggest maker of life-sciences equipment by market value, agreed to buy Life Technologies Corp. for $13.6 billion in cash in a deal that expands its reach in medical testing.
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U.S. stocks tumbled, sending the Standard & Poor’s 500 Index to its biggest drop of the year as a gauge of market volatility jumped the most in 20 months, after China’s economy grew at a slower pace than forecast.
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Sulzer AG’s Metco coatings unit is getting a “significant” share of development funding to keep pace in a fast-changing industry, the head of the division said.
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Danaher Corp., Thermo Fisher Scientific Inc. and several private-equity firms are among those considering offers for laboratory-equipment maker Beckman Coulter Inc. , three people with direct knowledge of the matter said.
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Tecan Group AG shares rose the most in nine months in Zurich trading after the Swiss maker of laboratory equipment said sales will jump 28 percent by 2015.
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