LabCorp’s $85M Orchid offer extended again; FTC continues its review of deal
LabCorp (NYSE:LH) needs a little more time to close its $85 million acquisition of Orchid Cellmark (NASDAQ:ORCH). The Burlington, North Carolina-based provider of laboratory services said Monday it has extended its offer for Orchid as it continues to work with the Federal Trade Commission to gain the regulator’s approval of the deal. LabCorp in April […]