Toshiba completes cash offer for Vital Images

Toshiba Medical Systems said it has completed its initial cash tender offer for all outstanding shares of Vital Images common stock.

The initial tender offer period expired June 8, and the number of Vital Images shares tendered to Toshiba represents 84% of its common stock. A subsequent offering period that began June 9 for the remaining stock is scheduled to expire June 15, according to Toshiba.

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