Moving another step closer to its proposed acquisition of Cytyc, women's imaging vendor Hologic of Bedford, MA announced that its stockholders have approved the merger.
More than 90% of the shares represented at the meeting and more than 70% of the outstanding shares of Hologic were voted in favor of the transaction.
The deal is expected to close early next week. Cytyc stockholders will receive 0.52 of a share of Hologic common stock and $16.50 in cash for each share of Cytyc common stock they own, for a total of $6.2 billion.
AuntMinnie.com staff writer
October 18, 2007
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