- The Wall Street Journal•21 hours ago
Thermo Fisher edged its earnings guidance higher for the year after revenue rose 6.2% in the latest quarter, boosted by recent acquisitions, as the lab-equipment company readies to buy FEI.
- American City Business Journals•yesterday
The proposed $4.2 billion sale of FEI Co. could have been a lot less were it not for the negotiating skills of the company's board. A regulatory filing released Wednesday shows that FEI (FEIC), a manufacturer of high-performance microscopes, landed a deal far larger than what Waltham, Mass.-based Thermo Fisher Scientific initially offered, thanks in part to discussions with at least two other suitors. Thermo Fisher (TMO) initially offered FEI a per share price of $96, well below the final price of $107.50 per share announced May 27 , the filing shows.
After hours: 106.310.01 (0.01%) as of 4:34 PM EDT
|Ask||106.49 x 100|
|52wk Range||64.93 - 108.35|
|Day's Range||106.23 - 106.48|
|Avg Vol (3m)||582,114|
As of 4:00 PM EDT. Market closed.