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HealthTronics makes a play for Endocare

This article was originally published in Clinica

Executive Summary

Austin, Texas-based urology company HealthTronics said on Wednesday (August 6) it has sent a letter to Endocare proposing to acquire the latter for $2.28 per share in cash. The offer represents a 20% premium over the Endocare's $1.90 closing price that day.

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