GE Medical continues expansion with Imatron buyout
This article was originally published in Clinica
Executive Summary
Specialist imaging equipment company Imatron has agreed to be acquired by GE Medical Systems (GEMS), for about $201.5 million, to be paid in GE shares. This is the latest in a series of reasonably modest acquisitions by GEMS in recent years. Imatron's share price jumped from $1.4 to $1.8 on the news.