AngioDynamics Inc. expects to close on its purchase of certain assets of Diomed Holdings, in the United State and the United Kingdom, on or about June 16.
The U.S. Bankruptcy Court in Boston gave its approval for AngioDynamics' deal for U. S. assets of Diomed and its wholly-owned subsidiary, Diomed Inc. on June 3. Diomed, which is based in Andover, Mass., filed for Chapter 11 bankruptcy protection in March.
AngioDynamics (Nasdaq: ANGO), a medical device maker based in Queensbury, had agreed in April to pay $8 million in cash for the U.S. assets, and $3 million in cash for certain assets of Diomed Ltd in the United Kingdom.
full article >> http://albany.bizjournals.com/albany/stories/2008/06/02/daily46.html?ana=yfcpc
Monday, June 9, 2008
AngioDynamics' purchase of certain Diomed Holdings set to close this month
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment