Siemens begins cash tender for CTI

AuntMinnie.com staff writers
Mar 31, 2005

Siemens Medical Solutions has commenced its previously announced tender offer for all the outstanding shares of common stock of CTI Molecular Imaging.

Malvern, PA-based Siemens will pay $1 billion in cash for CTI of Knoxville, TN. The transaction is subject to customary regulatory approvals and other closing conditions, and is expected to close in the second quarter.

By AuntMinnie.com staff writers
April 1, 2005

Related Reading

Siemens signs Winthrop, March 24, 2005

Siemens gets clearance for treatment table, March 22, 2005

Siemens to buy CTI for $1 billion, March 18, 2005

Siemens introduces portable G40 scanner, March 17, 2005

Siemens debuts new 16-slice scanner, March 15, 2005

Copyright © 2005 AuntMinnie.com

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