Tech Company M&A Transactions
i-STAT Acquisition
Headquartered in East Windsor, i-STAT was bought by Abbott Laboratories. Abbott Laboratories said the transaction price was $392 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/6/2004
Transaction Type
M&A
Amount
$392,000,000
M&A Terms
Under the terms of the agreement, Abbott will acquire the shares of i-STAT it does not already own for $15.35 per common share. The acquisition is structured as a cash tender offer for all of the issued and outstanding shares of i-STAT. The net transaction value is approximately $392 million.
Company Information
Company Status
Acquired or Merged
Industry
Healthcare IT
Mailing Address
104 Windsor Center Drive
East Windsor, NJ 08520
USA
East Windsor, NJ 08520
USA
Phone
Website
Email Address
Not Recorded
Overview
i-STAT Corporation is a healthcare company primarily engaged in the development, manufacture and marketing of medical diagnostic products for blood analysis.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeff Randall
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