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Security News Highlights 06/25/2014
Share This:06/25/2014 (MDCI) (AERI) (NSPH) Higher; (ATNM) (VMI) (TISI) Lower (more…) Medical Action Industries Inc. (Nasdaq: MDCI) 93.6% HIGHER; Owens & Minor, Inc. (NYSE: OMI), and Medical Action Industries Inc. (Nasdaq: MDCI) have signed a definitive agreement under which Owens & Minor will acquire all outstanding shares of Medical Action for $13.80 per share in cash, representing a total transaction value of approximately $208 million, including assumed debt, net of cash. Medical Action reported $287.8 million in net sales from continuing operations for the fiscal year ended March 31, 2014, of which approximately 45% represented sales to Owens & Minor. Owens
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