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Article: BD Makes Filing to Report Bid to Acquire TriPath Imaging, Inc.
- Article from:
- PR Newswire
- Article date:
- August 14, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FRANKLIN LAKES, N.J., Aug. 14 /PRNewswire-FirstCall/ -- BD (Becton, Dickinson and Company) today filed with the Securities and Exchange Commission a Statement on Schedule 13D setting forth a proposal it made to acquire for a cash purchase price of $9.25 per share, or approximately $350 million, the approximately 93.5% of the outstanding shares of TriPath Imaging, Inc. which BD does not currently own. TriPath Imaging develops, manufactures, markets and sells innovative solutions to improve the clinical management of cancer, including detection, diagnosis, staging and treatment. The proposal was solicited by TriPath Imaging in connection with the culmination by TriPath ...