Reuters - Thermo Fisher is Frontrunner for Life Tech

Thermo Fisher Scientific Inc. is emerging as the lead contender in Life Technologies Corp's auction, working on a bid that could value the genetic testing maker at as much as $12 billion, Reuters reported. Thermo Fisher, the world's largest maker of laboratory equipment, is considering a bid of between $65 and $70 per share for Life Tech and is interested in buying the entire company.

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