Amazon may be an online shopping powerhouse, but it increasingly wants what's left of your local strip mall, too. First, the e-commerce giant... Read More...
MarketWatch
Perkin Elmer to raise $2.45 billion in cash by selling Applied, Food and Enterprise Services businesses
Shares of PerkinElmer Inc. rose 1.4% in premarket trading Monday, after the disease diagnosis company announced an agreement to sell its Applied, Food and Enterprise Services businesses for $2.45 billion in cash to private-equity firm New Mountain Capital. As part of the deal, PerkinElmer will receive $2.30 billion at closing, which is expected to occur in the first quarter of 2023, and $150 million will be payable contingent on exit valuation. “Following the close of the transaction, we will be
