This Was the Biggest, Most Overvalued Health-Care Buyout This Week

The megabillion-dollar buyout of Life Technologies (UNKNOWN: LIFE.DL  ) by Thermo Fisher Scientific (NYSE: TMO  ) grabbed a lot of headlines earlier this week. Fool contributor Rich Smith, however, has a different story to tell.

It's the story of one overpriced company buying another company that's an even worse bargain, which resulted in a medical equipment behemoth that's even more egregiously overpriced than the two companies were separately.

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