(LIFE) Life Technologies Corporation Sells Mass Spectrometry Business
Posted on February 08, 2010 at 22:34 PM EST
Life Technologies Corporation (LIFE) recently completed the sale of its mass spectrometry business to Danaher Corporation (DHR) for $450 million in cash, subject to a conventional working capital adjustment. Danaher also acquired Life’s joint venture partner in the mass spectrometry business, MDS Analytical Technologies, a division of MDS Inc. (MDZ). We view Life’s decision to divest [...] (LIFE) Life Technologies Corporation Sells Mass Spectrometry Business