KKR, TPG No Longer Part of Groups Planning Life Technologies Bids -Bloomberg
March 22 2013 - 2:44PM
Dow Jones News
KKR & Co. (KKR) and TPG Capital, which were part of separate
buyout groups pursuing Life Technologies Corp. (LIFE), are no
longer planning to bid for the biotech company, Bloomberg News
reported Friday.
According to the report, two people with knowledge of the matter
said Life has become more likely to be sold to a corporate buyer,
possibly Danaher Corp. (DHR) or Thermo Fisher Scientific Inc.
(TMO).
Full story at
http://www.bloomberg.com/news/2013-03-22/life-sale-said-to-shift-to-strategics-as-buyout-firms-go.html
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