Biotech Firms Bio-Rad and Qiagen Discuss Major Merger
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It's the circle of life for life-sciences companies.
The California-based Bio-Rad Laboratories and the Netherlands-based Qiagen are deep in talks over a tie-up potentially worth more than $10 billion, according to a Wall Street Journal report on Monday. While a merger may not be finalized for at least a few weeks, sources tell WSJ, the trans-Atlantic partnership would mark yet another major deal in just about the only sector where M&A hasn't completely fizzled out this year.
Source Fool.com
