|
|
Article: Alcon of Fort Worth, Texas Plans to Acquire Summit Autonomous Of Waltham, Massachusetts for $19.00 Per Share.
- Article from:
- PR Newswire
- Article date:
- May 26, 2000
CopyrightCOPYRIGHT 2000 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)
|
FORT WORTH, Texas, and WALTHAM, Mass., May 26 /PRNewswire/ --
Alcon, a global leader in the research, development, manufacture and marketing of ophthalmic products, and Summit Autonomous Inc. (Nasdaq: BEAM), a leading developer, manufacturer and marketer of ophthalmic laser systems designed to correct common vision disorders, today announced that they have entered into a definitive agreement under which Alcon will acquire Summit Autonomous for $19.00 per share in cash.
Pursuant to the agreement, Alcon will begin a tender offer for all outstanding shares of Summit Autonomous for $19.00 per share. Alcon expects to commence the offer by June 5, 2000. Any ...