The acquisition was announced in December, when Fuji entered into a definitive merger agreement with SonoSite in response to an offer for all outstanding shares of the company's stock at $54 per share. The tender offer was completed in February, and following guaranteed procedures, Fuji acquired 89.94% of SonoSite's shares, Fuji said.
The merger was approved at a special meeting of SonoSite shareholders on March 29. SonoSite's stock also ceased trading on the Nasdaq Global Select Market at the close of business March 29, Fuji reported.If you like this content, please share it with a colleague!
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