GE Medical entering cardiac ultrasound market via $230 mil. purchase of Elbit unit.
This article was originally published in The Gray Sheet
Executive Summary
GE MEDICAL ENTERING CARDIAC ULTRASOUND MARKET VIA DIASONICS VINGMED BUY for $230 mil. in cash. GE Medical Systems has signed an agreement in principle to purchase Elbit's Diasonics Vingmed ultrasound business, with completion of the deal expected by April 1, the companies announced Feb. 13.