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C R Bard Inc Announces Agreement to Acquire Medafor Inc

Monday, 19 Aug 2013 08:05am EDT 

C R Bard Inc announced that it has entered into a definitive agreement to acquire privately-held Medafor Inc., for the purchase price of $200 million paid at closing, expected to occur later this year, and future contingent payments up to an additional $80 million based on specific revenue-based milestones through June 30, 2015. The transaction is structured as a merger and has been approved by both companies' boards of directors, and is subject to an approval by Medafor's shareholders and customary regulatory review. 

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