Healthcare products company Cardinal Health of Dublin, OH, has successfully completed its tender offer for interventional device vendor Alaris Medical Systems of San Diego.
Cardinal reported that the offer expired at midnight on June 25 with some 98.7% of Alaris shares tendered to Cardinal, which plans to purchase all validly tendered shares in a deal worth some $2 billion. Alaris will become a wholly owned subsidiary of Cardinal on completion of the deal.
By AuntMinnie.com staff writers
June 29, 2004
Related Reading
Cardinal debuts Medicanvas illuminator, inks RSD deal, June 24, 2004
Cardinal unveils CT dose phantom kit, June 15, 2004
Cardinal launches x-ray illuminators, May 31, 2004
Cardinal to buy Alaris for $2 billion, May 19, 2004
Cardinal unit to sell Graseby pump in the U.S., April 22, 2004
Copyright © 2004 AuntMinnie.com
