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Mergers & Acquisitions

TriPath Imaging stockholders approve merger with Becton, Dickinson and Company

Published in Lab Business Week, January 21st, 2007

TriPath Imaging, Inc. (TPTH) announced that its stockholders have approved its merger agreement with Becton, Dickinson and Company (BDX), pursuant to which Becton, Dickinson (BD) will acquire the approximately 93.5% of the outstanding shares of TriPath Imaging, Inc. that the company does not currently own.

Under the agreement, BD will pay $9.25 per share of TriPath Imaging common stock and will cash out TriPath Imaging options and stock appreciation rights based on the same per share consideration.

TriPath Imaging, Inc., headquartered in Burlington, North Carolina, develops, manufactures, markets and sells products for the clinical management of...

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