je.st
news
LabCorp to spend $6.1 billion on Covance
2014-11-03 13:56:12| Biotech - Topix.net
LabCorp will pay about $6.1 billion in cash and stock to buy Covance in a tie-up that aims to improve clinical trial research for pharmaceuticals. LabCorp said Monday that it will pay $105.12 for each share of the Princeton, New Jersey, company, representing a 32 percent premium to Covance's closing price Friday.
Tags: spend
billion
covance
labcorp
Category:Biotechnology and Pharmaceuticals
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||