Abbott Takes Control Of Medisense
Abbott Laboratories has completed its acquisition of US biosensor technology company MediSense, in a cash offer of $876 million, net of the exercise on existing MediSense options, for 100% of the firm.
This acquisition, according to Abbott chairman and chief executive Duane Burnham, gives Abbott "a prominent position in an attractive new business...and will provide opportunities for synergy with other Abbott divisions."
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