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In Brief: Laserscope

This article was originally published in The Gray Sheet

Executive Summary

Laserscope: Completes acquisition of Heraeus Surgical from parent company Heraeus MED, GmbH. A definitive agreement for the deal, valued at about $18.4 mil., was announced in April ("The Gray Sheet" April 29, I&W-3). Laserscope expects to cut operating expenses of the combined firm over the next year by "more than $3 mil.," Laserscope President and CEO Robert McCormick states in a Sept. 3 release...

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