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DewDiligence

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DewDiligence

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Re: DewDiligence post# 171637

Monday, 12/23/2013 11:32:20 AM

Monday, December 23, 2013 11:32:20 AM

Post# of 257265
PLL buys ATMI’s biotech unit for $185M:

http://online.wsj.com/news/articles/SB10001424052702304020704579276020347366830

Pall Corp. agreed to acquire ATMI Inc life science business for $185 million to strengthen the company's market standing. The maker filtration and purifications products expects the purchase of ATMI LifeSciences -- which makes single-use bioprocess systems and consumables for the pharmaceutical and biopharmaceutical industries-- to add $20 million to $30 million to Pall's revenue.

ATMI is +4% and PLL is flat in early trading today.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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