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Inverness Medical Innovations, Inc. (IMA) Completes Acquisition of Biosite Incorporated (BSTE)



6/29/2007 12:54:58 PM

WALTHAM, Mass.--(BUSINESS WIRE)--Inverness Medical Innovations Inc. (AMEX: IMA) today announced the successful completion of its acquisition of Biosite Incorporated (NASDAQ: BSTE), at a price of $92.50 per share. Inverness completed the acquisition through a cash tender offer and a subsequent merger of a wholly owned subsidiary with and into Biosite.

Read at BioSpace.com


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