E-Z-EM of Lake Success, NY, is considering a spin-off and initial public offering (IPO) of its wholly owned AngioDynamics subsidiary, the company reported yesterday. E-Z-EM has signed a letter of engagement with an investment banking firm for the potential moves, which will be completed subject to market and other conditions. E-Z-EM anticipates that the transaction will take place in the first half of 2004.
By AuntMinnie.com staff writersOctober 21, 2003
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