PerkinElmer Inc. (PKI) Has Climbed To A New High After Acquisition

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( - PerkinElmer Inc. ( PKI ) announced Monday morning that it has agreed to acquire EUROIMMUN Medical Laboratory Diagnostics AG for approximately $1.3 billion in cash.

PerkinElmer gapped open sharply higher Monday and is now up 1.62 at $65.19 in early trade. The stock has climbed above a 2-week trading range and has set a new high for the year.

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This article appears in: World Markets , Stocks
Referenced Symbols: PKI

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