Thursday, December 15, 2011

Stock Alert -SonoSite to be acquired by Fujifilm for $54 per share (SONO) - 12/15/11

SonoSite to be acquired by Fujifilm for $54 per share (SONO) 42.24 : Co announces that FUJIFILM Holdings has entered into a definitive agreement with co, to acquire SONO for ~$995 mln (The transaction was unanimously approved by the Boards of Directors of both companies.). Fujifilm, through a U.S. subsidiary, will make an all-cash tender offer to purchase all outstanding shares of SONO common stock for $54 per share in cash. The purchase price represents a premium of 50.0% over co's average closing stock price over the three months ended December 14, 2011


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