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Stock Market & Financial Investment News

News Breaks
March 20, 2014
08:15 EDTBEATBioTelemetry acquires Biomedical Systems' cardiac patient business for $8.65M
BioTelemetry has entered into a definitive agreement to acquire the cardiac patient services business of Biomedical Systems for aggregate consideration of $8.65M at closing. Post integration, the acquisition is expected to generate $8.0M-$9.0M in revenue and $2.5M-$3.0M in EBITDA on an annualized basis. The transaction is expected to close in early April.
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