ORANGE COUNTY, Calif., May 13 /PRNewswire-FirstCall/ -- Beckman Coulter,
Inc. (NYSE: BEC), a leading developer, manufacturer, and marketer of products
that simplify, automate, and innovate complex biomedical testing, today
announced that the Federal Trade Commission has terminated its review under
the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended, of the
company's pending acquisition of Olympus Corporation's lab-based diagnostics
business.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031202/BECLOGO)
As previously announced on February 27, 2009, Beckman Coulter and Olympus
announced that they had entered into a definitive agreement under which
Beckman Coulter will acquire the diagnostic systems portion of Olympus' Life
Sciences business for approximately USD $780 million.
This transaction is expected to close in the third quarter of 2009 and is
subject to certain government approvals outside the United States, the
negotiation of certain ancillary agreements, the delivery of and agreement to
disclosure schedules and transition arrangements as well as other customary
conditions.
About Beckman Coulter
Beckman Coulter, Inc., based in Fullerton, California, develops,
manufactures and markets products that simplify, automate and innovate complex
biomedical tests. More than 200,000 Beckman Coulter systems operate in
laboratories around the world, supplying critical information for improving
patient health and reducing the cost of care. Recurring revenue, consisting
of consumable supplies, (including reagent test kits), service and
operating-type lease payments, represent about 78% of the company's 2008
revenue of $3.1 billion. For more information, visit www.beckmancoulter.com.
Contacts: Investor Relations
Cynthia Skoglund
(714) 773-7620
Media Relations
Mary Luthy
(714) 773-7964
SOURCE Beckman Coulter, Inc.
05/13/2009
CONTACT: Investor Relations, Cynthia Skoglund, +1-714-773-7620, or Media
Relations, Mary Luthy, +1-714-773-7964, both for Beckman Coulter, Inc.
Photo: http://www.newscom.com/cgi-bin/prnh/20031202/BECLOGO
http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Web Site: http://www.beckmancoulter.com
Press Release
