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Chemical Week Magazine :: Top of the Week
Linde to Acquire Homecare Firm Lincare for $4.6 Billion
9:14 AM MDT | July 6, 2012 | —Deepti Ramesh
Reitzle: Taking the next big step. Linde has entered into a definitive agreement to acquire Lincare Holdings (Clearwater, FL), a home health-care company, for about $4.6 billion. Linde will make a tender offer for all outstanding shares of Lincare at $41.50/common share in cash. Lincare provides oxygen, respiratory and home infusion products, and related services. The company had sales of $1.84 billion in 2011. Lincare’s board has unanimously approved the transaction, Linde says. The planned acquisition is expected to close in the third quarter of 2012...
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