Eastman Kodak has completed its acquisition of Orex Computed Radiography, paying $51.3 million in cash at closing for the Israeli CR firm.
The purchase price is subject to adjustment based upon the final closing balance sheet, which will be audited after the closing, according to Kodak of Rochester, NY. Orex has become a wholly owned subsidiary of Kodak, and operates within Kodak's Health Group from its principal location in Yokneam, Israel.
By AuntMinnie.com staff writers
March 4, 2005
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