CardioDynamics OKs SonoSite deal

AuntMinnie.com staff writers
Aug 11, 2009

Shareholders of impedance cardiography developer CardioDynamics have voted to approve the San Diego company's sale to compact-ultrasound developer SonoSite of Bothell, WA.

CardioDynamics would become a wholly owned subsidiary of SonoSite through the $10 million transaction, which could close within the next week.

Under the terms of the merger agreement, CardioDynamics shareholders will receive $1.35 per share in cash, in exchange for each share of common stock.

Related Reading

SonoSite revenue, income dip in Q2, July 28, 2009

CardioDynamics' revenue falls in Q2, July 10, 2009

SonoSite releases NanoMaxx, July 7, 2009

SonoSite launches iPhone app, June 25, 2009

SonoSite to buy CardioDynamics, June 10, 2009

CardioDynamics sees revenue dip in Q1, April 10, 2009

Copyright © 2009 AuntMinnie.com

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