Article: Vital Signs, Marquest Medical Products and Scherer Healthcare announce the signing of a definitive merger agreement.

TOTOWA, N.J./ENGLEWOOD, Colo./ATLANTA--(BUSINESS WIRE)--March 14, 1997-- Vital Signs Inc. (NASDAQ: VITL), Marquest Medical Products Inc. (NASDAQ: MMPI) and Scherer Healthcare Inc. (NASDAQ: SCHR) announced today that Vital Signs and Marquest have executed a definitive merger agreement providing for Vital Signs to acquire Marquest.

In the transaction, Marquest would become a wholly-owned subsidiary of Vital Signs and Vital Signs would pay Marquest shareholders $0.797 per share for each outstanding share of Marquest common stock. Separately, Vital Signs entered into an agreement with Scherer Healthcare, which is the majority shareholder of Marquest, to acquire ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!