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Spectral and Metra call off $13 million merger

This article was originally published in Clinica

Executive Summary

Spectral Diagnostics and Metra Biosystems have mutually agreed to abandon merger plans, less than two months after announcing their intention to form a $13 million company. The transaction would have resulted in Spectral holding 51% of the new company (see Clinica No 839, p 9).

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