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August 19, 2013 “Intelligence: Late Breaking Lab News”

There is a billion-dollar laboratory acquisition underway in Ontario, Canada. LifeLabs Medical Services is moving ahead with its planned purchase of CML HealthCare for US$917 million. The deal was made public on June 25 and, because it represents a major consolidation of the province’s two largest clinical laboratory organizations, there have been some critics. However, …

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