Analogic acquisition clears hurdle

By staff writers

May 1, 2018 -- Analogic said the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the vendor's pending acquisition by an affiliate of investment firm Altaris Capital Partners.

The nearly $1.1 billion deal, which is expected to close in mid-2018, still remains subject to other customary closing conditions, including Analogic's stockholder approval.

Copyright © 2018

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