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Stock Market & Financial Investment News

News Breaks
August 18, 2014
10:16 EDTLMATLeMaitre acquires Xenotis for $7.7M
LeMaitre Vascular acquired Xenotis on August 14. Total consideration for 100% of Xenotis' shares was $7.7M, consisting of $5.1M at the closing, $1.4M due August 13, 2015 and assumed bank debt of $1.2M. In its fiscal year ended June 30, Xenotis broke even on sales of $2.3M, or approximately $3.4M if sold through LeMaitre's sales channel. LeMaitre acquired the Xenotis building with an appraised value of $1.9M as part of this $7.7M transaction.
News For LMAT From The Last 14 Days
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September 29, 2014
11:39 EDTLMATEndologix plummets to 52-week low after cutting outlook
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September 19, 2014
16:07 EDTLMATLeMaitre acquires angioscope product line from Applied Medical for $420K
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