Oncology device companies RITA Medical Systems and Horizon Medical Products have completed their merger.
The merger was finalized July 29, after shareholders from both companies approved the deal. Horizon shareholders will receive 0.4212 newly issued shares of RITA common stock for each share of Horizon common stock.
RITA will treat the deal as a purchase method of accounting for business purposes, and the combined company will operate under the RITA Medical Systems name. The combined company will be headquartered in Mountain View, CA, with operations in Manchester, GA.
By AuntMinnie.com staff writersAugust 2, 2004
Related Reading
RITA, Horizon to merge, May 13, 2004
RITA Q1 shows sales upturn, April 29, 2004
RITA gets Japanese reimbursement nod, March 11, 2004
RITA claims reimbursement momentum for RFA, March 4, 2004
Uecker hired as RITA CTO, January 13, 2004
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