Remove .Net Remove 2013 Remove Blogging Remove Equity
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LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal

Xconomy

per share, for a total equity value of $302 million. LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. In 2013, when Sequenom reported a $107.4 LabCorp reported $8.5 million.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. The founders could reinvest this in growth (0% tax, focus on future equity growth) or take the profits of $12 million and divide amongst the founding partners. Even tech blogs know this.

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