Laboratory Corporation of America Holdings (NYSE: LH) will purchase LipoScience Inc. (Nasdaq: LPDX) in an all cash deal valued at approximately $85.3 million in cash. Shares of LipoScience leaped $2.00 to close at $5.19 while LabCorp stock dropped $1.85 to close at $102.03.
LabCorp to buy LipoScience
September 25, 2014 at 19:31 PM EDT