Thursday, July 5, 2007

CardioTech to sell unit to Medos Medizintechnik for $7.5 mln

(Reuters) - Wilmington, Massachusetts-based CardioTech said it expects
to gain about $6 million in cash from the sale, after estimated
transaction costs of $500,000 and an escrow funding.




The sale is expected to close on or about July 9,
CardioTech said.



Read more at Reuters.com Mergers News

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