BioCentury
ARTICLE | Company News

Inverness, Binax deal

February 14, 2005 8:00 AM UTC

IMA plans to acquire diagnostic company Binax for 1.4 million shares and $8.6 million in cash. Based on IMA's Feb. 7 close of $25.34, the initial value of the deal is $44.1 million. Binax shareholders...