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Digirad Corp Acquires Telerhythmics

Friday, 14 Mar 2014 04:05pm EDT 

Digirad Corp:Acquires all the outstanding membership interest of Telerhythmics, LLC, a 24-hour cardiac event monitoring service used on an outsourced basis by hospitals and physician offices.Total up front consideration for the purchase was about $3.6 mln, which included a $3.47 mln cash payment up front and assumption of about $131,000 in debt.In addition, there is an earn-out opportunity of up to $501,000 over about three years based on meeting certain EBITDA targets. 

Company Quote

-0.16 -2.73%
27 Nov 2015