A diary of the thought process behind my investment decisions
Bought Thermo Fisher
There are rumors flying around that Thermo Fisher will make a bid for Millipore. Thermo Fisher is getting killed on the news, likely because of what happened to other acquirers recently. However, I doubt that this will be an all stock deal, as the combined companies have almost no net debt. Sclumberger and Exxon Mobil got killed because they did all stock deals. I have bought a position in Thermo Fisher.