Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Strategic Acquisition for RDNT?

Last week RDNT announced the purchase of six centers in Northern New Jersey, yet for the first time since the company's acquisition of RGX back in 2006, management also retained the services of two experienced imaging executives, William Farrell and Robert Farrell. 

Bill Farrell was the former President and COO of MRII and his brother Robert was the SVP of business development during the 1990's before they decided to start their own company.
So RDNT looks to have added two very strong operators who will help RDNT consolidate the New Jersey market, and then hopefully the imaging players in the tri-state.
This strategic acquisition should bode well for the company, as well as it investors.