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Article: Third Wave begins exploring options
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- May 27, 2000
- Author:
CopyrightCopyright 2000 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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Third Wave begins exploring options
Madison-based firm looks into other possibilities after merger
falls through
By JOE MANNING AND KATHLEEN GALLAGHER
of the Journal Sentinel staff
Saturday, May 27, 2000
Now that its stock deal with PE Biosystems, once worth more than
$300 million, has fallen through, Madison-based Third Wave
Technologies Inc. will be exploring "other financial possibilities,"
Lance Fors, Third Wave's president and chief executive officer, said
Friday.
Whether that includes an initial public offering isn't clear, Fors
said.
Third Wave and PE Biosystems -- a division of Connecticut-based PE
Corp. -- on Thursday called off the merger they announced in January.
The companies ...