Market Overview

Fujifilm To Acquire SonoSite

Fujifilm Holdings Corp (OTC: FUJIY) announced its plans to buy SonoSite Inc (NASDAQ: SONO) for around $752.8 million in cash.

The deal was valued at $995 million including debt. Fujifilm will offer to buy all outstanding shares of SonoSite for $54 per share in cash, representing a 28% premium to the stock's closing price on Wednesday.

FUJIY shares closed at $23.69 yesterday, while SONO shares fell 0.35% to close at $42.24 yesterday.

Posted-In: merger and acquisitionNews M&A

 

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