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Analogic stockholders approve $1.1B acquisition

Jun. 21, 2018 2:03 PM ETAnalogic Corporation (ALOG) StockBy: Brandy Betz, SA News Editor
  • Analogic (NASDAQ:ALOG) stockholders approve the previously announced acquisition by an Altaris Capital Partners affiliate for $84/share in cash.
  • The deal is valued at approximately $1.1B on a fully diluted basis.  
  • At the special meeting, 97.7% voted in favor of the merger, which equated to 79.4% of all outstanding shares. 
  • The transaction is expected to close tomorrow. 
  • Analogic shares are up 0.03% to $83.98.    

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