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Philips buys Adac Labs for $426mm
12 Apr 2002
Executive Summary
Diagnostic imaging and services company Philips Medical Systems is acquiring Adac Laboratories (nuclear medicine imaging equipment) for about $426mm, paying $18.50/share in cash for all outstanding Adac common stock (a (pr)24% premium to the average trading price).
Deal Industry
- Medical Devices
-
Medical Devices
- Diagnostic Imaging Equipment & Supplies
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
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