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Thermo Electron and Fisher Scientific to Merge

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By: Tim Wright

Editor-in-Chief, Contract Pharma

The boards of directors of Thermo Electron Corp. and Fisher Scientific have approved a definitive agreement to merge the two companies in a tax-free, stock-for-stock exchange. The new company will be named Thermo Fisher Scientific, Inc. Combining the two companies’ capabilities in technology instrumentation, life science consumables, software and services, Thermo Fisher Scientific is positioned to provide integrated, end-to-end technical solutions, according to a joint statement. The new c...

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