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Nordson Corp announces agreement to acquire Avalon Laboratories

Monday, 4 Aug 2014 04:30pm EDT 

Nordson Corp:Entered into a definitive agreement to acquire Los Angeles, California based Avalon Laboratories Holding Corp., a designer and manufacturer of catheters and medical tubing products for cardiology, pulmonology and related applications.Says the $180 million purchase price, subject to adjustment as provided in the purchase agreement, is expected to be financed with availability under existing credit facilities. 

Company Quote

-0.37 -0.50%
1:20pm EDT