Advertisement
YOU ARE HERE: LAT HomeCollectionsLaparomed Corp
IN THE NEWS

Laparomed Corp

FEATURED ARTICLES
BUSINESS
April 11, 1994
Privately owned Laparomed Corp. said it has agreed to be acquired by Advanced Surgical Inc. of New Jersey in an all-stock deal that will give Laparomed shareholders a 26.5% stake in the combined companies. Terms were not disclosed, but the deal appears to be worth $10 million to $11 million based on Friday's $3.75 per share closing price for Advanced Surgical stock in the Nasdaq Small-Cap market. Both companies make and market instruments for so-called less-invasive, or laparoscopic, surgery.
ARTICLES BY DATE
BUSINESS
April 11, 1994
Privately owned Laparomed Corp. said it has agreed to be acquired by Advanced Surgical Inc. of New Jersey in an all-stock deal that will give Laparomed shareholders a 26.5% stake in the combined companies. Terms were not disclosed, but the deal appears to be worth $10 million to $11 million based on Friday's $3.75 per share closing price for Advanced Surgical stock in the Nasdaq Small-Cap market. Both companies make and market instruments for so-called less-invasive, or laparoscopic, surgery.
Los Angeles Times Articles
|