Women's imaging vendor Hologic of Bedford, MA, has finalized its $6.2 billion merger with women's health products provider Cytyc of Marlborough, MA.
Under the merger agreement, Cytyc shareholders received 0.52 shares of Hologic common stock and $16.50 in cash for each share of Cytyc common stock. Hologic paid $6.2 billion in aggregate consideration for Cytyc, including approximately 65.8 million shares of Hologic common stock and approximately $2.1 billion in cash.
Cytyc will become a wholly owned subsidiary of Hologic.
By AuntMinnie.com staff writers
October 23, 2007
Related Reading
Cytyc OKs Hologic merger, October 19, 2007
Hologic stockholders approve Cytyc merger, October 18, 2007
Hologic hit with patent suit from J&J's Ethicon Endo-Surgery, October 10, 2007
Hologic completes BioLucent purchase, September 20, 2007
Hologic to buy Cytyc in $6.2 billion deal that unites women's health companies, May 21, 2007
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