After reviewing guidance for FY13 back in November, Hologic (HOLX) has decided to sell its...

|By:, SA News Editor

After reviewing guidance for FY13 back in November, Hologic (HOLX) has decided to sell its Lifecodes business unit to Immucor (BLUD). Under the terms, HOLX will receive $85M in cash at closing and have the opportunity to earn a contingent payment of $10M based on achievement of certain financial targets throughout 2013. The transaction is expected to close during Q2.