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LabCorp pays $244mm for toxicology testing company Medtox Scientific
06 Jul 2012
Executive Summary
Laboratory Corp. of America Holdings has acquired publicly traded Medtox Scientific Inc. (lab testing services and drug screening diagnostics) for $244mm, or $27 per share in cash (a 35% premium).
Deal Industry
- In Vitro Diagnostics
- Medical Devices
- Services
-
Laboratory Testing Services
- Esoteric Laboratories
-
In Vitro Diagnostics
- Urine-based Testing
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
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LabCorp pays $244mm for toxicology testing company Medtox Scientific
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