Linde, the German industrial gas producer, has agreed to pay $4.6bn to acquire Lincare Holdings, a US provider of oxygen and respiratory homecare services. Lex's Stuart Kirk and Nikki Tait discuss why Linde has paid at the high end.<br /><br />For more commentary from the Lex team, visit http://www.ft.com/lex<br /><br />http://www.FT.com/
