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Notable Merger and Acquisition of the Day 2/13: [(SRLS)]

13. 2. 2012 16:28 - Streetinsider.com
  • SeraCare Life Sciences, Inc. (Nasdaq: SRLS), has entered into a definitive agreement to be acquired by an affiliate of Linden Capital Partners, a Chicago-based private equity firm that focuses on middle market leveraged buyout investments in the healthcare and life science industries. Under the terms of the agreement, holders of outstanding shares of common stock of SeraCare will receive $4.00 per share, representing a 25% premium to the 30-day volume-weighted average stock price. The agreement was unanimously approved by SeraCare's Board of Directors. A special meeting of SeraCare's shareholders will be held after the preparation and filing of a proxy statement

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