Invitrogen/Life Technologies (B) Case Solution
On June 12, 2008, Invitrogen and Applied Biosystems revealed strategies to combine. The combined business was to become relabelled Life Technologies (NASDAQ: LIFE). Invitrogen used to obtain Employed Biosystems for $6.7 billion in money and stock. AB investors would get $38 per cooperate money and stock, speaking for a 17 percent premium over the share's closing cost on Wednesday, June 11, 2008.
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