E-Z-EM of Lake Success, NY, has signed an agreement to be acquired by Bracco Diagnostics, the Princeton, NJ-based subsidiary of contrast developer Bracco Imaging of Milan, Italy.
Under the proposal, Bracco would acquire all of E-Z-EM's outstanding shares for $21 per share in cash, making the transaction worth an estimated $241 million.
Bracco also has entered into a voting agreement with certain stockholders of E-Z-EM, who represent approximately 34% of E-Z-EM’s outstanding shares. Those shareholders already have agreed to vote in favor of the acquisition.
The independent members of E-Z-EM's board of directors also have unanimously approved the agreement and have recommend approval by shareholders.
Completion of the transaction remains contingent upon closing conditions, including the approval of a majority of E-Z-EM's shareholders and regulatory clearance. The companies anticipate completing the acquisition in early 2008.
By AuntMinnie.com staff writers
October 30, 2007
Related Reading
Road to RSNA, E-Z-EM, October 29, 2007
Road to RSNA, E-Z-EM, October 22, 2007
E-Z-EM sales dip in Q1, October 11, 2007
Bracco inks deal with HealthTrust, October 8, 2007
Bracco, ImaRx sign licensing pact, July 4, 2007
Copyright © 2007 AuntMinnie.com
![Axial images from unenhanced calcium score cardiac CT (left) and curved planar reformation images from CT angiography (right) show that higher long-term exposure to air pollution is associated with greater coronary artery calcium and more obstructive coronary artery disease (CAD). Top row: Images in a 68-year-old male patient with higher 10-year mean ambient air pollution exposure (7.9 μg/m3 for particulate matter measuring ≤2.5 μm in diameter [PM2.5] and 17.4 parts per billion [ppb] for NO2) with extensive CAD (coronary artery calcium score [CACS] >1,000 and obstructive CAD [≥70% diameter stenosis]). Bottom row: Images in a 57-year-old female patient with lower 10-year mean ambient air pollution exposure (6.3 μg/m3 for PM2.5 and 4.6 ppb for NO2) with no CAD (CACS = 0 and no obstructive stenosis).](https://img.auntminnie.com/mindful/smg/workspaces/default/uploads/2026/06/hanneman.r6SMLzkezo.png?auto=format%2Ccompress&dpr=2&fit=crop&h=167&q=70&w=250)
