September 18, 2006
Cytyc bids $374 mil. for Aussie cancer research firm
By Staff
Marlboro-based Cytyc Corp. has lodged a $374 million cash offer for Vision Systems Ltd., an Australian firm specializing in diagnostic instruments for detecting cancer. Vision is also nursing a competing, $345 million acquisition offer from Arizona-based Ventana Medical Systems Inc. Cytyc is seeking a “bidder’s statement” that will allow Vision shareholders to expedite a deal on the offer.
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