Fujifilm To Acquire SonoSite

Fujifilm Holdings Corp

announced its plans to buy SonoSite Inc

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.