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Article: Life Technologies Board Neutral on Dexter Offer.

Article from:
Chemical Week
Article date:
November 25, 1998
Author:
Copyright

Life technologies says its board will not make a recommendation on Dexter's $420-million hostile bid to acquire the 48% stake in biotech supply firm Life Technologies that it does not own. Dexter floated a friendly bid for Life Technologies in July and moved to a hostile offer after it was rejected by a committee of independent directors. Five of seven Life Technologies ...

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