Article: Alcon of Fort Worth, Texas Plans to Acquire Summit Autonomous Of Waltham, Massachusetts for $19.00 Per Share.

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 ...

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!