Thermo Fisher reportedly nears deal for Life Tech




Technology Top Stories from Associated Press (AP) show

Summary: NEW YORK (AP) , Thermo Fisher Scientific Inc. is reportedly nearing a deal to buy Life Technologies Corp., a maker of genetic testing equipment, for almost $12 billion. Thermo Fisher's bid for Life Technologies topped $70 a share, beating out bids from other suitors, including the Blackstone Group, the Carlyle Group and other private equity firms, according to published reports.