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Illumina, Pacific Biosciences Call Off $1.2 Billion Merger

San Diego-based life sciences equipment maker Illumina, and Pacific Biosciences of California have called off a $1.2 billion merger and acquisition deal, where Illumina had sought to acquire Pacific Biosciences. The two had previously announced the merger and acquisition deal in November of 2018. According to the two, the cancellation came due to

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