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BioTelemetry to acquire VirtualScopics

Executive Summary

BioTelemetry Inc. agreed to acquire VirtualScopics Inc. in an all cash tender offer which will launch on April 11, 2016. The offer will be $4.05 per share for common holders, $336.30 per share for Series A and B convertible preferred holders, and $920 per share for Class C-1 convertible preferred holders. The tender will be open for a minimum of 20 days and has been endorsed by the board.

Deal Industry
  • Biotechnology
  • Medical Devices
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
  • Medical Devices
    • Diagnostic Imaging Equipment & Supplies
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Cash for Equity

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