Syncor adjourns acquisition vote

Radiopharmaceutical firm Syncor International has adjourned until December 30 a special meeting of stockholders, which was being held on Friday to vote on the firm's planned acquisition by Cardinal Health. The Woodland Hills, CA-based company said it adjourned the meeting to give stockholders more time to review amendments to the original merger agreement and other recent developments affecting Syncor.

Syncor in November revealed that one of the company’s overseas subsidiaries made "questionable payments" exceeding $500,000 to customers in Taiwan.

By AuntMinnie.com staff writers
December 9, 2002

Related Reading

Syncor announces agreements with SEC and Justice Department, December 4, 2002

Syncor, Cardinal Health extend termination date, November 25, 2002

'Questionable payments' topped $500,000, Syncor says, November 21, 2002

Cardinal Health seeks to modify Syncor merger agreement, November 21, 2002

Syncor expects 10-Q filing delay, November 13, 2002

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