MARQUETTE GAINING FETAL MONITOR PRODUCT LINE VIA COROMETRICS ACQUISITION
This article was originally published in The Gray Sheet
Executive Summary
MARQUETTE GAINING FETAL MONITOR PRODUCT LINE VIA COROMETRICS ACQUISITION agreement signed April 7. Under the deal, Marquette Electronics would pay approximately $73 mil. cash for the American Home Products subsidiary, which had sales of about $93 mil. in 1993. The acquisition, expected to close at the end of May, is subject to Federal Trade Commission antitrust clearance and American Home Products board approval.