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Biotech / Medical : Munch-a-Biotech Today

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From: tuck9/8/2011 9:39:39 AM
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>>7:03AM Caliper Life Sciences to be acquired by PerkinElmer (PKI) for $10.50/share valued at ~600 mln in cash ( CALP) 7.39 : The total purchase price represents a premium of 42% for Caliper Life Sciences shareholders, relative to the closing price of $7.39 on Wednesday, September 7, 2011, the last trading day prior to today's announcement. The acquisition has received the unanimous support of the Boards of Directors of both companies, and is expected to close in the fourth quarter of 2011. The transaction is expected to be dilutive to PerkinElmer's 2012 GAAP EPS by ~ $0.05 and accretive to PerkinElmer's 2012 First Call consensus adjusted EPS by ~ $0.08. <<


From Briefing.com


Between this and Bruker, the trickle portfolio is probably doing pretty well . . .

Cheers, Tuck



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