GE Medical Systems of Waukesha, WI, has completed its purchase of electron beam CT developer Imatron of South San Francisco, CA. The agreement gives GE an EBCT product to complement the mechanical CT scanners the company already sells.
Imatron shareholders will receive five shares of GE stock for every 100 shares of Imatron stock they hold, plus $3.73 in cash in lieu of fractional shares of GE stock. GE stock closed yesterday at $40.78.
By AuntMinnie.com staff writersDecember 20, 2001
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Imatron turns in record revenues, August 14, 2001
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