CardioNet, Inc. Acquires ECG Scanning & Medical Services for $5.8M in Cash

by Allie Wickman, Benzinga Staff Writer

February 10, 2012 9:05 AM | 17 seconds read | Make a Comment

CardioNet, Inc.

BEAT

today announced the acquisition of ECG Scanning & Medical Services, Inc. CardioNet acquired all of the outstanding shares of ECG Scanning for aggregate consideration of $5.8 million in cash at closing and up to an additional $0.6 million in cash upon the achievement of certain performance targets.

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CardioNet, Inc. Acquires ECG Scanning & Medical Services for $5.8M in Cash