Charles River Laboratories International Inc said it would buy privately held WIL Research for about $585 million in cash to enhance its contract research business and expand in continental Europe.
The purchase of the Ashland, Ohio-based firm will add at least 20 cents per share to adjusted earnings in 2016, and 45 to 50 cents per share in 2017, Charles River said.
01:14 T. Rowe made one of the greatest bets of all time on Netflix12
21:52 Netflix nears 94 million subscribers 10 years after streaming launch10
19:44 Revised MLS stadium plan cuts St. Louis' share by $20M12
11:20 PE firm Warburg buys $121 million stake in Indian cinema operator PVR13