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Abbott to buy MediSense for $876mm in cash

13 Jul 1999

Executive Summary

Abbott Laboratories will buy MediSense (portable diabetic monitors) for $876mm in cash, offering $45 per share, about a 50% premium to MediSense's pre-announcement trading price.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
  • In Vitro Diagnostics
    • Biosensors
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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