Fisher Scientific, Thermo Electron to Merge in $10.6B Deal

Thermo Electron and Fisher Scientific announced this week that they will merge in a stock-for-stock deal expected to result in a company with $9 billion in revenues and $1 billion in cash flow in 2007.

The deal was unanimously approved by the boards for both companies and is expected to close in the fourth quarter. The resultant company will be named Thermo Fisher Scientific.

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