Thermo to Sell Cole-Parmer for $480M
News Jul 21, 2014
Cole-Parmer, based in Vernon Hills, Illinois, is a provider of fluid handling, test and measurement, and electrochemistry products and services with 400 employees globally. The business had approximately $230 million in revenues for full year 2013 and is part of Thermo Fisher’s Laboratory Products and Services Segment.
Thermo Fisher anticipates closing the transaction in the third quarter, subject to customary closing conditions and applicable regulatory approvals. The company expects an immaterial impact to 2014 adjusted earnings per share and will update annual guidance in its second quarter earnings release on July 23.
Arrow Poison Potential Male Birth ControlNews
Women have many options for oral contraceptives that are safe, effective and reversible, but despite decades of research, men have none. Now, scientists report a rat study that shows they finally have a good lead for a male birth control pill. It's based on ouabain, a plant extract that African warriors and hunters traditionally used as a heart-stopping poison on their arrows.READ MORE