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Philips buys Adac Labs for $426mm

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
    • Diagnostic Imaging Equipment & Supplies
Deal Status
  • Final
Deal Type
  • Acquisition
    • Includes Contract
    • Payment Includes Cash
    • Full Acquisition

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