1. Business

Linde's acquisition of Lincare Holdings is Florida's top merger of 2012

Published Jan. 24, 2013

The $4.3 billion acquisition of Clearwater-based home oxygen supplier Lincare Holdings by German conglomerate Linde AG emerged as the biggest Florida deal of 2012, according to an analysis released Thursday by deal trackers with the Mergermarket Group.

All told, there were 170 deals in Florida valued at a combined $21.6 billion, down in both deal value and count from 2011, which saw 194 deals worth $26.9 billion, Mergermarket reported.

The Lincare deal was more than twice the size of the second-largest deal in Florida, Genesee & Wyoming's $1.9 billion acquisition of RailAmerica Inc.

Mergermarket tracks all announced transactions exceeding $5 million.