Japanese industrial giant Fujifilm has begun its tender offer to acquire all outstanding shares of SonoSite common stock for $54 per share.
The tender offer, scheduled to expire on February 15, is part of Fujifilm's proposed $995 million acquisition of the compact-ultrasound firm.
Upon completion of the acquisition, SonoSite will become a wholly owned subsidiary of Fujifilm, the parent company of Fujifilm Medical Systems USA, and will continue operations in Bothell, WA.
