Merit Medical : Merit medical acquires DFINE, Inc. . Deal for approximately $97.5 million . Says effect of DFINE acquisition on Merit's non-GAAP earnings for balance of 2016 is expected to be neutral . Deal will increase its gross margin by about 80 basis points on a non-GAAP basis and 55 basis points on a GAAP basis . Merit medical systems inc says deal financed by a group of banks led by Wells Fargo and included Bank Of America, HSBC and U.S. bank. . Says deal expected to be dilutive on a GAAP basis by $0.24 -$0.26 per share due to intangible amortization, one-time reorganization costs . Says in 2017, merit anticipates effect of acquisition on merit's non-GAAP earnings to be $0.05-$0.08 per share . Says in 2017, MERIT anticipates effect of acquisition to be dilutive on a GAAP basis by $0.05-$0.07 per share .Says DFINE has become a wholly-owned subsidiary of Merit.
Merit Medical Systems Inc : Signed distribution deal with Piolax Medical Devices of Yokohama, Japan for labyrinth noah micro guide wire .Merit intends to begin registration procedures immediately with a goal of introduction in late 2016.