Conmed
This article was originally published in The Gray Sheet
Executive Summary
Arthroscopic sports medicine device maker acquires Imagyn Medical Technologies' minimal access surgery product line for approximately $8 mil. Under terms of the agreement announced Nov. 20, Conmed will pay Imagyn $6 mil. up front and an additional $2 mil. over the first year, depending on product sales. The company estimates that the deal will be modestly accretive to overall earnings in 2001