Life Technologies Feeds LBO Rumors

Law360, New York (January 18, 2013, 6:28 PM EST) -- Biotech company Life Technologies Corp. confirmed Friday it has retained bankers at Deutsche Bank Securities Inc. and Moelis & Company LLC to conduct a strategic review, sending its stock soaring on speculation that it is for sale and fueling rumors of the year's second megabuyout.

The Financial Post reported that the two investment banks are talking with at least four large private equity firms, including Blackstone Group LP, KKR & Co. LP, TPG Capital and Carlyle Group LP. But Life Technologies, which conducts research on everything...
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