RESPIRONICS' $370 MIL. HEALTHDYNE MERGER WOULD CREATE COMBINED 238-REP SALES FORCE; DEAL WOULD RESOLVE PATENT DISPUTE OVER BI-LEVEL VENTILATION TECHNOLOGY
This article was originally published in The Gray Sheet
Executive Summary
Respironics' first goal following its planned merger with Healthdyne Technologies will be to integrate the respiratory product manufacturer's 88 direct sales reps into Respironics' 150-person sales and distribution organization. Respironics announced a definitive agreement to purchase the Marietta, Georgia-based company on Nov. 11. The deal, valued at $370 mil., is expected to close in the first quarter of 1998.
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