Life Technologies' 2% convertible notes due 2023 remain convertible

By Devika Patel

Knoxville, Tenn., Jan. 22 - Holders of Life Technologies Corp.'s 2% convertible senior notes due 2023 may elect to convert their securities until March 31, according to an 8-K filed Friday with the Securities and Exchange Commission. The notes were convertible in the previous quarter as well.

The notes are convertible because the company's common stock traded above the minimum price specified in the indentures during the quarter ended Dec. 31.

Life Technologies is a Carlsbad, Calif.-based biotechnology tools company.

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