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Premier Laser to Sell Ophthalmic Division to SurgiLight

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IRVINE, Calif., Sept. 28 -- After a month-long series of negotiations with two potential buyers, Premier Laser Systems Inc. has agreed to sell its ophthalmic laser division to SurgiLight Inc. in Orlando, Fla. Under terms of the agreement, which Premier Laser Systems' financial advisor Magnum Group Inc. negotiated, SurgiLight will acquire the intellectual property and inventory of the laser division. We are confident that we have negotiated a deal that maximizes the asset value of Premier's ophthalmic lasers, said Randy McDonald, managing director for Magnum. In addition, we believe that...Read full article

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    Published: September 2000
    News & FeaturesLasers

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