FEATURED IN NEWS
- Bridge Collapse in NW Washington
- Pa. EMT Killed In Crash Remembered
- Most Students Released from Hospitals after Indiana School Bus Crash
- Rate of Bicycle-Related Fatalities Lower in States with Helmet Laws, Study Says
- Parking Garage Collapse at Maryland Shopping Mall
- FDNY Honors Cardiac Arrest Survivors during National EMS Week 2013
- Videos: On The Ground in Moore
Are You Connected?
TOKYO (Reuters) -- Japan's Asahi Kasei Corp will buy U.S. medical equipment maker Zoll Medical Corp for $2.21 billion as it looks to build a global healthcare business and reduce reliance on its chemicals and fibers operations.
Asahi Kasei, which is seeking to expand its presence in the United States, will buy Zoll in an agreed cash deal for $93 a share, a 24 percent premium to Zoll's closing price on Friday, the companies said in a joint statement on Monday. The deal is Asahi Kasei's biggest acquisition by far.
Click here to continue reading the story.
