Del acquires rest of Villa Sistemi

Del Global Technologies, the parent company of Del Medical Systems Group, reported that it has acquired the remaining 20% of the capital stock of its Milan, Italy-based medical and dental x-ray subsidiary, Villa Sistemi Medicali, that it did not already own.

The Valhalla, NY-based firm said that consideration was comprised of a combination of $2.95 million (U.S.) in cash and 905,000 restricted shares of its common stock.

By AuntMinnie.com staff writers
December 27, 2005

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