Quest to Pay $1.27 Billion To Buy SB’s Lab Division

Quest’s acquisition of SBCL will make it the largest laboratory firm in the world

CEO SUMMARY: Consolidation is the story of the clinical laboratory industry during the 1990s. The decade will close out with the granddaddy laboratory consolidation of them all! When Quest Diagnostics Incorporated completes its acquisition of SmithKline Beecham Clinical Laboratories later this year, it will become a $3 billion laboratory testing behemoth. Expect the merger to

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