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News Breaks
June 17, 2014
07:20 EDTTECHBio-Techne to acquire ProteinSimple for $300M
Techne announced that it has agreed to acquire ProteinSimple for $300M in cash. The closing of the acquisition is subject to the satisfaction of customary closing conditions, including the expiration or early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The acquisition is not subject to any financing contingencies. The transaction will be financed through a combination of cash on hand and a new revolving line of credit facility that Bio-Techne expects to obtain prior to the closing of the acquisition. ProteinSimple develops and commercializes proprietary systems and consumables for protein analysis that ultimately help reveal new insights into the true nature of proteins.
News For TECH From The Last 14 Days
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December 10, 2014
10:00 EDTTECHOn The Fly: Analyst Upgrade Summary
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08:30 EDTTECHBio-Techne upgraded to Buy at Janney Capital
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06:22 EDTTECHBio-Techne upgraded to Buy from Neutral at Janney Capital
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