Fujifilm To Acquire SonoSite
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.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.