Toshiba Medical Systems Corporation to Acquire Vital Images, Inc. for $18.75 per Share in All Cash Transaction
Vital Images Signs Merger Agreement with TMSC; Combination to Strengthen TMSC's Global Healthcare Imaging Solutions Business Vital Images Shareholders to Receive $18.75 in Cash per Share
Minneapolis, Minnesota April 27, 2011 and Tokyo, Japan April 28, 2011 -- Toshiba Medical Systems Corporation ("TMSC") and Vital Images, Inc. (Nasdaq:VTAL) ("Vital Images") announced today that they have entered into a definitive agreement pursuant to which a subsidiary of TMSC ("Merger Sub") will acquire all of the outstanding shares of common stock of Vital Images for $18.75 per share, or approximately $273 million in the aggregate, through a cash tender offer followed by a merger.
- Published: 28 April 2011
- Written by Editor