The Ticker

Thermo Fisher buys Life Tech for $13.6B

Thermo Fisher Scientific will acquire Life Technologies Corp. for nearly $13.6 billion, or $76 in cash per fully diluted common share.

The Waltham-based health-care equipment company will also assume Life Technologies' debt, which was $2.2 billion as of the end of last year.

Life Technologies, which is based in Carlsbad, Calif., provides products and services to customers conducting scientific research and genetic analysis, as well as those in applied markets, such as forensics and food safety testing. The company, which has more than 10,000 employees, reported 2012 revenues of $3.8 billion.

The sale, expected to close early next year, marks Thermo Fisher's largest acquisition since the 
$12.8 billion merger in 2006 of Thermo Electron and Fisher Scientific International.

Dish Network bids for Sprint Nextel

Satellite TV distributor Dish Network has offered to buy Sprint Nextel Corp. for $25.5 billion, topping the 
$20 billion merger Japan's SoftBank has proposed.

Dish has 14.1 million TV subscribers, making it the No. 2 satellite-TV company after DirecTV. Comcast Corp. is larger than both and is the nation's largest subscription TV provider. Sprint, which is based in Overland Park, Kan., has 55.6 million wireless devices on its network.

Dish said its proposed transaction includes 
$17.3 billion in cash and $8.2 billion in stock. It put the total worth at $7 per share.

Mass. gas prices drop 9 cents

Bay State gas prices are down 9 cents this week with self-serve, regular unleaded gas currently averaging $3.47 a gallon, 5 cents less than the national average of $3.52. Local prices are down 18 cents over the past month.

A year ago at this time, the Massachusetts average price was 42 cents more at $3.89.

The range in prices in the latest AAA survey for unleaded regular is 44 cents, from a low of $3.29 to a high of $3.73.

TODAY

• The Labor Department releases the Consumer Price Index for March.
• The Federal Reserve releases industrial production for March.

TOMORROW

• The Federal Reserve releases the Beige Book.

• Aushon BioSystems of Billerica has hired former SeraCare Life Sciences president and chief executive officer, Susan Vogt as the company's new CEO. Company founder and former CEO Pete Honkanen will assume the role of chief operating officer and continue as a board director.

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