Key Developments For National Dentex Corporation
National Dentex Corporation (NADX.O) (Consolidated Issue listed on NASDAQ Global Market)
National Dentex Corp. Announces Extension of Credit Facility
National Dentex Corporation announced that it amended its credit facility with Bank of America, N.A. The amendment to National Dentex’s $50,000,000 credit facility: extends the maturity date of the revolving line of credit to November 7, 2011; amends certain interest rate terms and definitions; and amends and restates certain financial covenants.
National Dentex Corp. Announces Acquisition of Dental Art Laboratories, Inc.
National Dentex Corp. announced the acquisition of Dental Art Laboratories, Inc. of Lansing, Michigan. Terms of the transaction were not disclosed.
National Dentex Corp. Announces Extension Of Exclusive Agreement For The NTI-tss
National Dentex Corp. announced that it has extended an agreement for exclusive manufacturing and distribution rights to fabricate and market the lab version of the NTI-tss. The contract runs through 2023 and also grants exclusive use of the trademarked name.
National Dentex Corporation Announces Management Changes-DJ
Dow Jones Reported that National Dentex Corp. announced that it has named Wayne Coll as Chief Financial Officer, effective January 2007. He replaces Richard F. Becker who will remain Executive Vice President and Treasurer.
National Dentex Corp. Announces Acquisition of Keller Group, Incorporated
National Dentex Corporation announced that it had acquired Keller Group, Incorporated (Keller), a privately held dental laboratory business with production facilities in both St. Louis, Missouri and Louisville, Kentucky, and sales offices in Kansas City, Missouri and Indianapolis, Indiana. The transaction was effected on October 5, 2006 in the form of a stock purchase agreement pursuant to which the Company purchased all the outstanding shares of capital stock of Keller for total cash consideration at closing of $19,125,000, and an additional deferred payment to be determined and payable in accordance with the agreement's terms.
