In Brief: OrthoLogic
This article was originally published in The Gray Sheet
Executive Summary
OrthoLogic: Purchases continuous passive motion (CPM) business of Danninger Medical Technology for $13 mil., including $9 mil. in cash and the assumption of $4 mil. in debt. Together with the August 1996 acquisition of CPM firm Sutter Corp. ("The Gray Sheet" Sept. 9, 1996, In Brief), and the purchase of CPM concern Toronto Medical earlier this month, "OrthoLogic has become the nation's largest provider of CPM devices," the firm says...