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Candela Laser

This article was originally published in The Gray Sheet

Executive Summary

Wayland, Massachusetts firm enters into letter of intent to acquire Derma-Lase, Ltd. of Glasgow Scotland and its Hopkinton, Massachusetts subsidiary. Derma-Lase markets three dermatology lasers in the U.S. and other countries and has revenues of under $5 mil. "This transaction, if completed, will further strengthen Candela's leading position in the dermatology laser market," the firm says March 21. Terms of the deal were not disclosed
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