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January 8, 2013
09:06 EDTALOGAnalogic to acquire Ultrasonix Medical Corporation for $83M cash
Analogic Corporation announced that it has signed an agreement to acquire privately held Ultrasonix Medical Corporation based in Vancouver, Canada for $83M in cash. Ultrasonix is a supplier of advanced ultrasound systems for point-of-care and general imaging applications with over 5,000 systems installed worldwide. The purchase price paid to Ultrasonix shareholders will be funded out of Analogic's available cash balance. The transaction is expected to close in late February. Analogic expects that this business combination will be neutral to EPS in Analogic's fiscal year 2013, excluding purchase accounting adjustments and transaction related costs, but will become accretive in fiscal year 2014.
News For ALOG From The Last 14 Days
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March 30, 2015
16:04 EDTALOGAnalogic announces CFO Levitz resigning to join Insulet
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16:03 EDTALOGInsulet names Michael Levitz as CFO
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16:02 EDTALOGAnalogic announces resignation of CFO Levitz
March 24, 2015
10:01 EDTALOGOn The Fly: Analyst Upgrade Summary
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05:22 EDTALOGAnalogic upgraded to Buy from Hold at Brean Capital
Brean Capital upgraded Analogic to Buy with a $110 price target saying it expects the business to both uptick and be more predictable going into FY16. Brean sees the company's growth being led by ultrasound.

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