The following corporate finance-related stories were reported by media on Wednesday: * Private equity firms including Blackstone Group LP and Carlyle Group are exploring a joint offer for Life Technologies Corp, a biomedical laboratory equipment maker with a $10 billion market value, two people familiar with the matter said on Tuesday.* Britain has lost its campaign to stop a strict European Union cap on bankers' bonuses after its 11th-hour fightback secured no more than minor potential tweaks to a pay clampdown dreaded by the City of London, the Financial Times reported.
The Blackstone Group L.P. (Blackstone) is a United States-based company that is a manager of private capital and provider of financial advisory services. Shares of BX traded higher by 1.66% or $0.31/share to $19.01. In the past year, the shares have traded as low as $11.13 and as high as $19.69. On average, 4802040 shares of BX exchange hands on a given day and today's volume is recorded at 8209368.
Life Technologies Corporation (Life Technologies) is a global life sciences company. Shares of LIFE traded higher by 3.28% or $1.96/share to $61.75. In the past year, the shares have traded as low as $39.73 and as high as $65.84. On average, 2240610 shares of LIFE exchange hands on a given day and today's volume is recorded at 2605097.
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