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Article: BD to Acquire TriPath Imaging, Inc.
- Article from:
- PR Newswire
- Article date:
- September 8, 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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Advances BD's position in cancer diagnostics
BD senior management to address announcement at upcoming investor conferences
FRANKLIN LAKES, N.J., Sept. 8 /PRNewswire-FirstCall/ -- BD (Becton, Dickinson and Company) announced today that it has signed a definitive agreement to acquire the 93.5% of the outstanding shares of TriPath Imaging which BD does not currently own, for a cash purchase price of $9.25 per share, or approximately $350 million. The acquisition is expected to be completed by the end of BD's first fiscal quarter 2007 following the satisfaction of the conditions to the closing that include antitrust clearance and other customary ...