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Syneron buys Candela in a $65mm stock swap

Executive Summary

Syneron Medical has agreed to acquire fellow medical aesthetic device company Candela in a stock swap valued at $65mm. Shareholders get 0.29 of a Syneron common share (worth about $2.84, a 69% premium) for each Candela share.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Laser
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Stock

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