Inverness Completes Acquisition of IVC

May 6, 2002

1 Min Read
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Inverness Completes Acquisition of IVC

WALTHAM, Mass.--Inverness Medical Innovations Inc.(AMEX:IMA) completed its acquisition of IVC Industries Inc. (OTCBB:IVCO.OB) as of March 19. This transaction provides Inverness with additional production and distribution resources, while IVC shareholders will be receiving $2.50 in cash for each share of IVC common stock.

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