The private equity 'drug deal' that should have never happened.
FORTUNE -- Private equity firm OpenGate Capital is suing lab equipment giant Thermo Fisher Scientific (TMO), claiming that it was duped into buying a business whose primary manufacturing facility had been overrun by a Mexican drug cartel.
It is a bizarre case, and basically will ask a Los Angeles court to determine where deficient due diligence ends and fraudulent disposal begins. Buyer beware MORE