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Article: Bureau Veritas, S.A. Agrees to Acquire U.S. Laboratories Inc. for $14.50 Per Share, Expanding in North America.
- Article from:
- Business Wire
- Article date:
- August 9, 2002
CopyrightCOPYRIGHT 2002 Business Wire. 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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Business Editors
NEW YORK & SAN DIEGO--(BUSINESS WIRE)--Aug. 9, 2002
The Core Strength of its Main Division, Industry and Facilities,
in Quality Control Services
Bureau Veritas, S.A. and U.S. Laboratories Inc. (Nasdaq:USLB) jointly announced today that they have entered into a definitive agreement for Bureau Veritas, S.A. to acquire U.S. Laboratories Inc. for $14.50 per share in cash, or approximately $83 million.
Upon completion of the transaction, expected in late September 2002, U.S. Laboratories Inc., headquartered in San Diego, CA, will become an indirect wholly owned subsidiary of Bureau Veritas, S.A. U.S. Laboratories ...