Thermo Fisher's Qiagen takeover bid fails after target gets COVID testing boost

Thermo Fisher's Qiagen takeover bid fails after target gets COVID testing boost

Source: 
Yahoo/Reuters
snippet: 

Thermo Fisher <TMO.N> has walked away from its takeover deal with Qiagen <QIA.DE> after the German genetic testing specialist's earnings were boosted by coronavirus diagnostics, leaving its shareholders reluctant to cash out.