Merit Medical to Buy Thomas Medical Products for $167M
Merit Medical Systems, Inc. ("Merit") (Nasdaq: MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and endoscopy, today announced that it has entered into a stock purchase agreement to acquire Thomas Medical Products, Inc. ("Thomas Medical") from GE Healthcare in an all-cash transaction valued at approximately $167 million, subject to customary post-closing adjustments.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.