STERIS Corp Buys Two Businesses; Sees Deal Neutral to FY13 Earnings and Additive After - Steris (NYSE:STE)

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STERIS Corporation (NYSE: STE) announcedtoday the purchase of two privately-owned businesses: Spectrum SurgicalInstruments Corp (Spectrum) and Total Repair Express (TRE), leading providersof surgical instrument repair services and instrument care products tohospitals and surgery centers in the United States. These two businesses willbe integrated into STERIS's Healthcare segment as part of the Company'sSpecialty Services business, which provides a variety of niche services toCustomers, including space decontamination solutions, chamber cleanings andinstrument repairs.

27% profits every 20 days?

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