Conmed to bolster ECG, electrosurgery lines with $32 mil. New Dimensions buy.
This article was originally published in The Gray Sheet
Executive Summary
CONMED TO BOLSTER ECG, ELECTROSURGERY LINES WITH NEW DIMENSIONS BUY. Under the terms of the deal, signed Oct. 18, Conmed would acquire "substantially all of the business and assets" of Dayton, Ohio-based New Dimensions in Medicine, Inc. for $32 mil. cash. The acquisition is expected to close "in late 1995 or early 1996" subject to NDM shareholder approval, the firm states.