Inverness Medical Innovations said that it would acquire Matria Healthcare for $39.00 per share.
The company will spend approximately $1.18 billion – with $900 million to acquire the Matria shares of common stock and assumption of approximately $280 million of Matria's indebtedness outstanding.
The merger is conditioned upon approval by Matria's shareholders as well as the satisfaction of regulatory and other customary conditions and is expected to close during the second quarter of 2008.
Malaysia needs Russia's assistance in maintaining and repairing Su-30MKM fighter jets
Posters for the play "Adam and Eve. Life after Paradise" with pictures of dancers Arsen Aghamalyan and Oksana Vasilyeva were banned in the city of Tver, Central Russia