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Tag: labcorp
LabCorp acquires Safe Foods International Holdings to develop new food products
2015-10-26 01:00:00| Food Processing Technology
Laboratory Corporation of America Holdings (LabCorp) has bought Safe Foods International Holdings (SFIH) as part of its efforts to develop new food and beverage products and bolster its food testing services.
Tags: international
products
food
safe
LabCorp to employees of newly purchased company: You're safe, for now
2015-06-17 21:27:55| Biotech - Topix.net
Don't worry, former Physicians Reference Laboratory employees. Your jobs are fine - for the next 90 to 120 days while the newly acquired company transitions into LabCorp .
Tags: now
company
safe
employees
LabCorp sees revenues jump from Covance deal, but profits slide
2015-04-28 08:14:57| Biotech - Topix.net
Laboraratory Corp. of American saw its revenues rise during the first quarter thanks largely to its purchase in mid-February of drug development services company Covance . But that boost in revenues didn't translate into stronger profits, with the Burlington-based LabCorp posting net earnings of only $700,000 after more than $100 million in costs related to the Covance deal were factored in.
LabCorp raising $2.9 billion to help fund Covance purchase
2015-01-22 20:12:56| Biotech - Topix.net
As it heads toward potentially closing on its $6.1 billion purchase of Covance next month, Burlington-based Laboratory Corp. of America is looking to sell $2.9 billion in senior notes to help fund the deal. LabCorp announced the offering Wednesday , with the notes being sold in four tranches with maturities between 2020 and 2045, and interest rates from 2.625 percent to 4.7 percent, depending on maturity date.
Tags: purchase
fund
billion
raising
Covance shareholders to vote next month on $6.1B acquisition by LabCorp
2015-01-14 05:28:52| Biotech - Topix.net
Shareholders of New Jersey-based clinical trial research firm Covance will vote Feb. 18 on whether the company should be acquired by Laboratory Corp. of America in a $6.1 billion deal announced last year . The purchase of the company by Burlington-based LabCorp will create a much broader health care company that will be one of the biggest in the world focusing on medical testing and clinical trial research.
Tags: month
vote
acquisition
shareholders