Applied Imaging Corp. of San Jose,
Calif., has announced that it will be acquired by Genetix Group, the New Milton,
UK-based cell biology, proteomics and genomics health technology group. The cash
transaction, valued at $18.3 million, is expected to close in the fourth quarter
of this year, subject to approval by company stockholders. Under terms of the deal,
$3.06 will be paid per share to acquire all of the company’s common stock.
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