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Tuesday, December 24, 2019

Qiagen plunges after deciding against sale

Qiagen (NYSE:QGEN-27.5% after-hours as it decides to remain a stand-alone business following the conclusion of a strategic review of potential alternatives.
QGEN says it received several indications of interest for a full acquisition that were “not compelling” and thus has terminated all discussions.
Thermo Fisher (NYSE:TMO) approached the company about a potential deal, according to media reports last month.

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