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Rita Medical and Horizon Medical merge in $109mm deal

Executive Summary

Rita Medical Systems and Horizon Medical Products, both specialists in medical devices for treating cancer, will merge in a deal worth about $109mm. Rita gives Horizon shareholders 0.41 Rita share for each Horizon held; it will issue 18.6mm Rita shares and assume options and warrants for another 3.9mm shares.
Deal Industry
  • Medical Devices
    • Infusion Therapy Equipment and Supplies
Deal Status
  • Final
Deal Type
  • Acquisition
    • Reverse Acquisition
    • Payment Includes Stock
    • Includes Contract
    • Partial Acquisition

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