BEDFORD (dpa-AFX) - Medical devices company Hologic Inc. (HOLX) said Friday it has successfully completed its sale of the LIFECODES business unit to Immucor Inc., following the receipt of all necessary regulatory approvals.
Hologic received $85 million in cash (adjusted for working capital items) with the opportunity to earn a contingent payment of $10 million based on the achievement of certain financial targets for the calendar year 2013.
Hologic manufactures premium diagnostics, medical imaging systems and surgical products dedicated to serving the healthcare needs of women.
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